Understanding how to file for bankruptcy before starting the filing process can set you on the right path early, saving you time and money.
Most people will typically file for either Chapter 7 or Chapter 13 bankruptcy, which comes with different costs, not only in terms of upfront fees but also how much you owe on your debt....
posted by Bob Lawless ; Belisa Pang has an important new paper out about repeat filers, "The Bankruptcy Revolving Door." Using new techniques and as well as a database of credit reports, she estimates the percentage of bankruptcy filers who are repeat filers is 36%. In 2023, she estimates the figure was 46%. The paper also explores the reasons for repeat filings. It should be required reading for anyone in the consumer bankruptcy space. Pang's estimate is much higher than the official statistic from the bankruptcy court records which ask filers ...
Individuals can file either Chapter 7 bankruptcy or Chapter 13 bankruptcy. Here is how the two types work and some alternatives to consider first.
by Lindsay VanSomeren · Lindsay VanSomeren specializes in writing about credit, debt, personal finance, and insurance. Her work has appeared ... · Read more... ; Legally reviewed by Allison DeSantis, J.D. Allison is the Director of Product Counsel at LegalZoom, advising and providing leadership to internal teams on the d... · Read more...
Understand the rules and time restrictions for filing bankruptcy multiple times. Learn how often you can file for Chapter 7 and Chapter 13 bankruptcy and what factors to consider.
how to file for bankruptcy. The economy has been brutal due to the coronavirus pandemic, and even in good times people can... Many (but not necessarily all) of your debts will be forgiven....
How Bankruptcy Works Bankruptcy offers an individual or business a chance to start fresh by... Chapter 7 Bankruptcy Most people file for Chapter 7 bankruptcy, which allows you to dispose of...
The process for filing for student loan bankruptcy is more complex than the process for discharging other types of debt. Learn how to file and what debt qualifies.
Learn in detail about what is bankruptcy, how to file for bankruptcy, types of bankruptcy, when and who files for bankruptcy, and how bankruptcy helps you in paying off your business debts.