bankruptcy

The overall cost for a motor vehicle, even a used vehicle, has increased significantly in the last few years. It is more expensive than ever to purchase a new or used vehicle, and many people do not have the cash on hand necessary to purchase even a used vehicle...

Anyone can go through financial hardship. When this happens, one of the questions you will need to ask is how you get out of the financial mess you are in. Bankruptcy is a legal process through which you can seek relief from some of your financial obligations when you...

Bankruptcy can happen for many different reasons, and no two cases are the same. One thing that does happen consistently, however, is that people don't fully understand why bankruptcy occurs. They make assumptions about it, often believing anyone who needs to file has...

If you’re weighing the pros and cons of filing for bankruptcy to get out from under your debt, one of the questions you may have is whether having a bankruptcy on your credit report will harm your chances of getting a job. That’s a valid question to ask since part of...

Bankruptcy can bring immeasurable relief when you are overwhelmed by debts. Of course, the decision to declare bankruptcy is always a difficult one to make. However, bankruptcy can give you a fresh start when your creditors are on your neck. To realize the benefits...

Individuals struggling with their finances in Illinois may eventually decide to file for bankruptcy. Bankruptcy can be an important protection for those suddenly facing financial hardship because of lost income or unexpected expenses. Your lender could potentially...

You're considering bankruptcy because the debt feels insurmountable, but that doesn't mean you're not working. You still have a certain trade that you've dedicated your life to. Maybe it's going through a hard patch. Maybe you suffered from an injury or an illness....

If you’re facing foreclosure, a Chapter 13 bankruptcy could help you minimize the risk of losing your home, but you do need to act quickly. How can a Chapter 13 bankruptcy help you stop foreclosure? When you go into a Chapter 13 bankruptcy, the first thing that...

If you are facing overwhelming debt, you are not alone. Many other Americans are wearing the same shoes. Fortunately, filing for bankruptcy is an effective way to deal with insurmountable debt. People know that sometimes they must give up some of their property when...

The courts oversee bankruptcy filings to ensure that things go smoothly and to prevent abuses of this important legal system. There are thousands of bankruptcies every year, and each one involves a careful review of someone's finances, their property and debts. One of...