The Right Time : When should I File for Bankruptcy

The Right Time : When I Should File for Bankruptcy

Declaring Bankruptcy is a difficult and often traumatic process. Which is why the decision to file for bankruptcy should be taken only after very careful consideration. We live in a world where debt is the norm. So when can you say you have reached the point of no return? How do you answer the...
Finding a United States Bankruptcy Court

Finding a United States Bankruptcy Court

The Federal Judicial Center’s website has a wonderful write-up about how the United States Bankruptcy Court was created. It is interesting to note that for much of the country’s history, the Federal Courts did not have any jurisdiction in bankruptcy cases. It was only in the 19th century that...

Rebuild Your Credit Cards After Bankruptcy

Strangely enough, the best time to get credit cards after bankruptcy is immediately after it. With debts either discharged or re-structured most people leave bankruptcy in the best financial shape they’ve been in years.   Understandably, most lenders don’t quite look at the situation...
Filing Bankruptcy Forms at the Correct Location

Filing Bankruptcy Forms at the Correct Location

Once you decide that you have no other choice but to file for bankruptcy, then you will need to fill in a lot of paperwork. It doesn’t matter whether you file for a Chapter 7 or a Chapter 13, you will still have to submit a rather large packet of bankruptcy forms and supporting documents to the...
Filing for Bankruptcy

Top Reasons Why you Should File for Bankruptcy

The last few decades have seen an alarming rise in bankruptcy cases in the US. In a 2015 study done by Harvard University, more than 1 million Americans file for bankruptcy each year, and at least 1 in 10 Americans have filed for bankruptcy at some point in their lives.   Top 5 Reasons for...