Filing for bankruptcy can be a difficult and overwhelming experience. Chapter 13 bankruptcy, also known as reorganization bankruptcy, is a legal process that allows a person to restructure their debt and repay it over a period of time, usually three to five years. While this process can be challenging, there are several tips and strategies…

Debt collection is a common practice that occurs when an individual or a business owes a debt to another party. It is often a stressful and challenging process that can lead to legal action if not handled correctly. If you are facing debt collection, hiring a debt collection defense lawyer is essential. In this article,…

The bankruptcy means test is a crucial element in filing for bankruptcy. It helps determine whether a person is qualified to file for Chapter 7 bankruptcy or whether they have to repay some of their debts through Chapter 13 bankruptcy.  However, many people make mistakes when filling out the means test, leading to incorrect results,…

Filing for bankruptcy can be difficult and heartbreaking, but it may also give a much-needed fresh start financially. Chapter 7 bankruptcy is the most common form of bankruptcy, where your assets are liquidated to settle debts.  However, not all debts may be discharged in Chapter 7 bankruptcy. This article will discuss in greater detail which…

Filing for Chapter 7 bankruptcy can be a lifesaver for those drowning in debt and in need of a fresh financial start. However, not everyone is eligible for Chapter 7 bankruptcy. The Bankruptcy Means Test was introduced by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 to prevent high-income individuals from filing for…