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Why the Meeting of Creditors Isn't as Scary as It Sounds

The meeting of creditors is the one thing that all bankruptcy cases in the United States have in common. The Bankruptcy Code requires that this meeting, sometimes also called the 341 meeting or the creditors meeting, happens about a month after the bankruptcy petition is filed with the court.


Chapter 7 Bankruptcy Basics

When you start looking into filing for bankruptcy you will see various kinds, Chapter 7, Chapter Chapter 9, Chapter 11, Chapter 13 among them. The two kinds that are intended for consumers, regular people who have debts they cannot handle any longer, are Chapters 7 and 13. We will explain Chapter 7 ...


Bankruptcy Myths

Deciding whether or not to file bankruptcy is already a difficult and stressful decision. But when you add in all of the myths surrounding bankruptcy, what for most people is a beneficial and pretty straight forward process can seem downright scary.


Benefits of Bankruptcy

Whether or not to file for bankruptcy is a huge decision with a lot of consequences. When you start researching the topic, you’ll see a lot of those consequences detailed and most of them will be negative, even dire. Your credit will be ruined for years! You’ll never be able to buy a hom...


Should I File For Bankruptcy?

Filing for bankruptcy can have serious, long-lasting consequences so it’s not a decision that anyone makes without serious consideration. Filing for bankruptcy can give you a much needed clean slate but it’s not always the best or the only option. When you’re asking yourself, &ldqu...


Chapter 7 Versus Chapter 13

Most people in the United States either file Chapter 7 or Chapter 13 bankruptcy, depending on a number of factors including  income, assets, debts and more. Here is an in depth look at the differences between Chapter 7 and Chapter 13 bankruptcy. 
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