Debts Unforgiven: Understanding Debts That Cannot Be Discharged

The way that bankruptcy allows filers to make a fresh start is well known, and this benefit can help balance out the potentially negative effects that a chapter 7 bankruptcy filing can have on your credit. While you may already know that certain types of debt will just go away, you may not realize that not all types of debt can be included in your bankruptcy. Read on for a better understanding of what kinds of debts might still linger on after your bankruptcy is done and ordered. Read More 

3 Formal Steps You’ll Want To Take Before & After Filing for Bankruptcy

If you are sure that you want to file for bankruptcy, there are a few formal steps that you are going to need to go through before and after you file. #1 Hire An Attorney The first thing that you are going to want to do is hire an attorney. An attorney can do more than just help you file for bankruptcy. They can look over all of your information and your specific situation, and they can help you determine if bankruptcy is even the right step for you. Read More 

How Bankruptcy Attorneys Protect You From Debt Buyers

Americans are in debt and there is little most of them can do to get out of it. Unfortunately, this means a large number of people are facing what is known as debt buyers. In these instances, it is important to talk to a bankruptcy attorney to avoid the aggressive stance of these bill collectors. Debt Buying Is Big Business Debt buying occurs when banks or other creditors sell a large amount of past due debt to a collector. Read More 

3 Reasons To Surrender Your Home In Chapter 7 Bankruptcy

Chapter 7 bankruptcy is something you could use if you are in bad financial shape and do not earn a great deal of money. Through this type of bankruptcy, you may have the option of keeping the home you own or surrendering it. While there are times when keeping it might be better, here are three reasons you may want to consider giving up your home in your Chapter 7 case. Read More 

Straighten Up Your Credit

If you would like to straighten up your credit, so you can begin thinking about such things as home ownership, qualifying for a loan on a new car, or just want to improve your credit score in general, then you want to follow the tips below:   Consider the help of a debt relief company If you have some debt that you are having a hard time paying and it is taking its toll on your credit score, then you should think about getting help from a debt relief company (such as debt counselling by Beth Maynard & Associates Inc). Read More