Chapter 7 is one of the two most commonly filed chapters of bankruptcy. Many prefer it to Chapter 13, as it lasts a few months as opposed to a few years. On the surface, this sounds like a good idea, as the idea of dragging out a bankruptcy over a period of years...
While you are suffering from financial problems and feel that the amount of debt is huge then you gather feelings such as hopelessness and despair. It is crucial to keep in mind that assistance and hope is available always. In fact, you are not the only person to be...
Imagine being the owner of a small business and being deep in debt. You are considering filing for bankruptcy, but you really want to keep your business running. This situation is quite common and knowing what to do can be the hardest thing. Discussing your debts and...
Most people don’t realize that personal bankruptcy in New Brunswick is a complicated and severe legal action. It’s nothing to go into lightly or without doing research, and you’ll need to consult with a trustee before going through with anything. Likewise,...
After going through a Chapter 7 bankruptcy, the former debtor has the chance to make a fresh start. The trick is to establish financial habits that help to Rebuild Credit after Bankruptcy while still allowing the individual to live within his or her means. Here are...