Amanda.Baker

The Financial Obligations of Bankruptcy

Debt can be extremely helpful. However, like anything, moderation is necessary as too much of it can be a drag. America has found out the hard way that too much debt can suck the life out of your pocketbook, emotions, and well-being. While debt can be deb... Read >

How To Protect Your Investments In Bankruptcy

Serious financial problems rarely happen when you expect them. Personal injuries or other illnesses that leave you disabled can cause huge medical bills to pile up yet cut off the only source of funds you have to pay off your debts. Sixty-two percent of a... Read >

How To Protect College Funds In Bankruptcy

The cost of a college education has skyrocketed in recent years and there appears to be no end to tuition increases. For the 2009-2010 school year, the average cost of a private four-year college was $26,273, up 4.4 percent from the previous year. The pe... Read >

What Is Chapter 7 Bankruptcy?

During these most uncertain times, many hard-working Americans are finding themselves overwhelmed by financial problems. It can happen to even the best of people, no matter what tax bracket they may qualify for. If these circumstances do happen to you or ... Read >

New Bankruptcy Law Explained

On October 17, 2005, new bankruptcy law went into effect, changing the process of filing for bankruptcy throughout the United States. This new shift in law requires additional steps to be taken by the attorney and the debtor but has been geared toward ben... Read >

Bankruptcy Property Exemptions

The process of bankruptcy offers debtors a clean slate when they are overwhelmed by financial burdens. Once a bankruptcy case is completed, however, the debtor will still need basic possessions and assets to move their life forward. Fortunately, the Bankr... Read >

The Myths of Bankruptcy

Like most formidable situations, bankruptcy has earned its reputation based on very few truthful facts and too many false embellishments. The majority of the miseducation of the public has occurred since the current bankruptcy laws went into effect in 200... Read >

How Flexible is Chapter 13 Bankruptcy?

Before filing for bankruptcy, it is crucial to understand all the facts. Since you may not be an expert in bankruptcy law, the questions you might have about the process have answers that are anything but clear. Not only are there different types of bankr... Read >

Debt Relief: What Are the Alternatives to Bankruptcy?

For the millions of Americans struggling with debt, there are a lot of voices that claim to help. Unfortunately, the variety and differences in the options can be downright disorienting. Here is a quick run-down on the options that you have to achieve deb... Read >

What Happens If I Don’t Make My Chapter 13 Payment?

No one plans on dramatic financial changes, especially during bankruptcy, but they happen. When changes do arise to an individual in Chapter 13 bankruptcy, they might be misled into believing there is no other option than sticking to their schedule of set... Read >

The Role of a Trustee in a Bankruptcy Case

Ok, you are getting a fresh start on your financial situation and have filed for bankruptcy. One of the major players that you are going to be interacting with through the process is a bankruptcy trustee. A bankruptcy trustee is usually a lawyer assigned ... Read >

What Are Five Benefits of Bankruptcy?

Bankruptcy is not something to jump into haphazardly. Chances are, if you are considering bankruptcy, you have considered every option possible to dig yourself out of debt. If you are thinking about filing for bankruptcy, you aren't alone. Last year 1,074... Read >

What Are the Differences Between Chapter 7 and Chapter 13 Bankruptcy?

Being in debt can be a stressful, confusing, and often scary situation. It can feel like you are in a deep hole and all you want to do is climb out but creditors are continually throwing dirt down to bury you. Sometimes, the best option to get out from th... Read >