Credit card debts and certain taxes can still be eliminated (discharged) in Chapter 7 bankruptcy with no repayment. The new bankruptcy laws did not alter the law the way most people think.
View full post on Finance: Bankruptcy Personal Articles from EzineArticles.com
Share and Enjoy:
Business and individuals who are owed money by companies are increasingly opting to issue winding up petitions as a method of collecting their debts. However, this strategy is not without risks. What are the potential benefits of pursuing this, will it mean I get preferential treatment as a creditor?
View full post on Finance: Bankruptcy Tips [...]
Filing of a Chapter 13 Bankruptcy may be the answer for those debtors who need time to pay off certain debts and who have a steady income stream sufficient to meet the standards of such a filing. Chapter 13 Bankruptcy allows a debtor to repay his debts out of his income rather than by selling [...]
Bankruptcy Feeds