Bankruptcy Blog

Bankruptcy Rates in the United States

Is America filing more or less bankruptcies over the last few years?

PREPARING FOR BANKRUPTCY

Filing bankruptcy requires the completion and filing of bankruptcy schedules and other documents identifying the debtor's assets, liabilities, income, expenses, and other information.

Bankruptcy - Choosing The Best Chapter

There are two bankruptcy chapters utilized by most individuals including Chapter 7 - Liquidation and Chapter 13 - Reorganization. Both chapters provide an "automatic stay" which prohibits creditors from continuing and taking certain adverse actions against the debtor.

 

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