Filing for Personal Bankruptcy as Chapter 7 or Chapter 13
The founders of the United States foresaw that honest people might suffer severe economic misfortune or make poor choices. So, they provided for bankruptcy in the U.S. Constitution. [more…]
How to Get Out of Debt
If you’re living with a large debt, putting together a budget — an itemized account of income and expenses — is only the first step to getting your financial house in order. You may need to take some bold [more…]
The Types of Bankruptcy
If you’re filing for bankruptcy, your basic choice is between a bankruptcy that doesn’t involve any type of repayment plan (Chapter 7 bankruptcy) and one that does [more…]
How to Avoid Bankruptcy
You don’t need to file bankruptcy to solve a trivial financial problem or when a more targeted remedy is available. Although you shouldn’t view bankruptcy as a last-ditch solution, you probably shouldn’t [more…]
How to Deal with Debt Collectors during Personal Bankruptcy
If you're facing personal bankruptcy, you've probably heard from debt collectors. A debt collector's job is to get you to pay their client's debt, and they can be very inventive in finding ways to motivate [more…]
What the Newest Bankruptcy Law Means to You
The bankruptcy law that went into effect in 2005 makes it harder than it used to be to declare personal bankruptcy. It's much more difficult to liquidate your assets and get a fresh start to your credit [more…]
Questions to Answer when Considering Personal Bankruptcy
If you're thinking about personal bankruptcy, you're looking at some hard questions and harder choices, especially under the newest bankruptcy law. Answer the questions in the following list to figure [more…]
What Bills to Pay First when Considering Personal Bankruptcy
If filing for personal bankruptcy is on your radar, continue paying whatever bills you can to stay within the law. Prioritize bill payments with the help of this list: [more…]
Personal Bankruptcy Laws For Dummies Cheat Sheet
Going through the process of filing personal bankruptcy isn't fun, but it’s sometimes necessary and can be a huge relief. Filing for personal bankruptcy means you have to answer some tough questions about [more…]
How Disease Can Bankrupt a Family
Money isn’t always easy to talk about. The author shares details about herpersonal finances and her life.
Four years ago — seven days after my 30th birthday, and three months before my only daughter turned [more…]
