If you are thinking about filing for Chapter 7 bankruptcy, you probably have many different questions. Aside from legal issues related to bankruptcy, you could feel hesitant because you think that people will look down on you for filing a bankruptcy petition, or you...
Month: March 2022
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How business owners may prepare for Chapter 11 bankruptcy
Business owners unable to meet their debts may restructure their liabilities with a Chapter 11 bankruptcy. Unlike Chapter 7, which includes liquidation, Chapter 11 allows debtors to keep their existing assets. By filing for a reorganization through Chapter 11,...
How can you avoid home foreclosure?
Owning a home is the dream of so many people throughout the U.S. That is why a foreclosure is such a worrisome topic, especially if you face financial issues. With a foreclosure, the lender assumes ownership of a property when the borrower can no longer make payments...