After declaring bankruptcy, some debtors may be interested in setting up a reaffirmation agreement if it is in their best interest. This is an agreement that would be set up between you and your creditors. It is a contractual agreement which states that you will pay back the money owed to the creditors […]

When it comes to filing for bankruptcy, it is very common for individuals to include their credit cards in their filing. While this is great for individuals who are actually in need of financial assistance, some people actually decide to file for bankruptcy and then charge up a storm on their credit cards, intending […]

A Creditors Meeting can go by many other names. It is also commonly referred to as a §341(a) Meeting, the First Meeting or a meeting of the creditors. The name is derived from the section of Title 11 in the United States Code. In this passage, requirements are set forth for the […]

Bankruptcy can be a complicated process. Complications are often further exacerbated if you have a spouse. Here is a look at your options when it comes to bankruptcy and being married.
In marriage situations, when a person or couple needs to declare bankruptcy they have two main options. They can either both declare […]

For those not in the business of personal finances, all the different chapters of bankruptcy can seem confusing! To help, here are the various different chapters of bankruptcy within the United States and a helpful description in order to allow you to see the subtle nuances and differences between the chapters. These six […]