What types of debts cannot be discharged under Bankruptcy?

Certain types of debts are NOT discharged in bankruptcy. The following debts are among the debts that generally may not be canceled by bankruptcy: Alimony, maintenance or support for a spouse or children. Bankruptcy will not discharge court ordered child […]

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Explaining the Bankruptcy Process Basics

Understanding how the bankruptcy process works is a great first step in the right direction. Below, I have simplified the bankruptcy process’ major steps for your understanding: Step 1: Meet with an experienced bankruptcy professional about your particular financial circumstances […]

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“What are the effects of Bankruptcy?”

While there are many effects of filing for bankruptcy, some of the most common include the following: Temporarily weakened credit: A bankruptcy filing is seen as a negative action on your credit report and the bankruptcy filing itself will appear […]

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“Do I need a lawyer to file Bankruptcy?”

The bankruptcy law significantly changed in 2005, making it more difficult to file for bankruptcy protection. Although you are not legally required to have an attorney file for bankruptcy, consulting with an experienced bankruptcy attorney will help you fully understand […]

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Certain types of debts are NOT discharged in bankruptcy. The following debts are among the debts that generally may not be canceled by bankruptcy: Alimony, maintenance or support for a spouse or children. Bankruptcy will not discharge court ordered child […]

Read More

Understanding how the bankruptcy process works is a great first step in the right direction. Below, I have simplified the bankruptcy process’ major steps for your understanding: Step 1: Meet with an experienced bankruptcy professional about your particular financial circumstances […]

Read More

While there are many effects of filing for bankruptcy, some of the most common include the following: Temporarily weakened credit: A bankruptcy filing is seen as a negative action on your credit report and the bankruptcy filing itself will appear […]

Read More

The bankruptcy law significantly changed in 2005, making it more difficult to file for bankruptcy protection. Although you are not legally required to have an attorney file for bankruptcy, consulting with an experienced bankruptcy attorney will help you fully understand […]

Read More