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Many stressful bankruptcy perceptions are false

Bankruptcy can be stressful. Some experts even claim that the mental and emotional stress can be worse for those going through the process than the financial strain that they face. Unfortunately, part of the reason for this is that people…

Chapter 13 may forgive some of your debt

When debating between Chapter 7 and Chapter 13 bankruptcy, you may be deciding if you want to have your debt forgiven after liquidating assets (Chapter 7) or if you want to pay the debt off through a repayment plan (Chapter…

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.…

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