One of the primary factors that affects people's decision to file for bankruptcy is what assets they can keep and what assets they're going to have to hand over to the bankruptcy court to satisfy their debts. If you're in this position, it is imperative that you...
Month: October 2018
Establishing credit after bankruptcy
Bouncing back from bankruptcy isn't going to happen right away. You will have to work hard to get things set up so you can enjoy having a solid credit history. This doesn't mean that is going to be impossible, but you should be prepared for it to take time. One of the...
Determine how Chapter 7 might impact your life
The crushing weight of debt can hold you down. If you are in this position, you might decide that you need to file for Chapter 7 bankruptcy. This possibility should be carefully considered so you can ensure that it is the right option for your needs. There are...
Find the relief from crushing debt that can set you free
Finding a way to pay off your debts can be a challenge. When you are ready to get everything taken care of, you might need to explore options that enable you to make more than just the minimum monthly payments. There are some debt relief companies that will offer to...
An income tax audit isn’t prevented by a bankruptcy case
One concern that many people have when they file for bankruptcy is that the filing will trigger an audit from the Internal Revenue Service (IRS) when they file their taxes. While it is possible that you will be audited, there isn't a tie to the bankruptcy. With the...
