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  1. 5 days ago · In Chapter 7 bankruptcy, the court sells your assets to pay off the creditors you owe. This doesn’t mean you have to sell everything you own. For example, if your house falls below a certain value, you can keep it. Filing for Chapter 7 only takes four to six months to complete.

  2. 2 days ago · In the tradition of Matthew Desmond’s groundbreaking Evicted , Unjust Debts is a riveting and original work of accessible scholarship with huge implications for ordinary people and will set the terms of debate for this vital subject. The following excerpt is adapted from from the book's Introduction. . This book is a story of falling out of love.

  3. 5 days ago · You will have to wait eight years before discharging debt in bankruptcy again. The automatic stay (which, upon filing for bankruptcy protection, legally suspends lawsuits, evictions, foreclosures, and collection activity) is weakened for multiple filers.

  4. 4 days ago · Biden’s new plan aims to automatically cancel the undergraduate debt of anyone who has been repaying their loans for 20 years (since July 1, 2005) and forgive the graduate-school debt of...

  5. 5 days ago · An informal debt settlement is a voluntary arrangement negotiated between you and your creditors, without the comfort of ensuring you have a legally binding agreement and the step-by-step guidance provided by a Licensed Insolvency Trustee.

  6. 3 days ago · We also address common myths, provide life after-bankruptcy tips, and answer frequently asked questions to give you a comprehensive understanding of what declaring bankruptcy entails. What is bankruptcy. Bankruptcy is a legal process intended to help an honest debtor have a fresh financial start.

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  8. 4 days ago · Consumer Bankruptcy is bankruptcy for individual debtors. Consumer debtors usually seek relief under either Chapter 7 or Chapter 13. The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) made sweeping changes to all aspects of bankruptcy law, especially those affecting consumer debtors.

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