Jeffrey M. Rosenblum, P.C.
A Fresh Start

April 2018 Archives

7 types of debt that last after bankruptcy

Bankruptcy can absolutely help you get rid of debt. Chapter 7 eliminates what you owe after assets are liquidated and as much debt as possible is paid back. For instance, you may owe $50,000 and have $10,000 in nonexempt assets. The other $40,000 is forgiven.

Do bankruptcy filing fees have you reconsidering this option?

Wanting to become financially aware may hit you for any number of reasons. In particular, you may already have found yourself facing considerable financial difficulties and now want to get back on track. You may try to budget, account for every penny spent and make sure that you do not put money toward frivolous or unnecessary expenses.