Bankruptcy attorneys are often asked whether someone can be fired from their job if they file for bankruptcy. The short answer is NO.
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This question addresses two different concepts: how your bankruptcy will affect your credit and how long it will be reflected on your report. A bankruptcy filing could show up on your credit for up to ten years but the effect it has on your score may be more positive than you think. First, let’s discuss [...]
Bankruptcy is the worst financial circumstance that may occur in anyone’s life. But fast recovery is possible if you take the correct steps.
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The United States Bankruptcy Court for the Western District of Oregon has just released new bankruptcy statistics for January through May of 2010. Consistent with filing patterns in other parts of the country, the high numbers of individuals filing for Chapter 7 and Chapter 13 bankruptcy remains stable.
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Bankruptcy is probably the largest financial horror that may happen to an individual. It is very embarrassing, as it affects nearly all aspects of personal and financial life. It may be a reason for denial of employment, housing, credit, and so forth.
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