Chapter 7 Bankruptcy

Learning how to file a Bankruptcy Chapter 7 petition can be quite complex. What some people would consider as the first steps in filing for bankruptcy would be to undergo bankruptcy counseling and take the means test. While this is true, the first two things you must do would be: to research common questions [...]

Consumer bankruptcy helps an individual resolve debt under federal court protection. There are several bankruptcy types suited for different circumstances. A Chapter 7 bankruptcy type will likely have unsecured debts (such as personal loans, medical bills, credit card debt, and others with no collateral involved) forgiven or discharged. The automatic stay will also give [...]