Category Archives: Bankruptcy
Find the information you need on bankruptcy filing including Chapter 7 and Chapter 13 bankruptcy. Filing for bankruptcy can be a difficult decision in life, but it can sometimes be a necessary step to making progress with your debt situation. Our articles about bankruptcy has helpful information to help you get informed on various issues regarding bankruptcy. Although our articles are informative, the articles should in no way be taken as legal advice. Legal advice can come from our attorney who can be reached at 855 257-7671.
How To Prepare For Bankruptcy
Written on , by BLP
It is illegal to premeditate a bankruptcy. This means that any spending done with a future bankruptcy filing in mind will suspend the debt from being discharged. In plain English: You can’t buy a buy a bunch of stuff, rack up debt and then file for bankruptcy and wipe out all the debt. It’s not Continue Reading
Did Your Bankruptcy Get Dismissed?
Written on , by BLP
The Difference Between Dismissed and Discharged It is important to understand the difference between dismissed and discharged in the context of a bankruptcy filing. They are significantly different. A discharge is a good thing and a dismissal is not always a good thing. A discharge is when debt is essentially erased. Debt is not erased Continue Reading
Can Bankruptcy Make Your Life Happy Again?
Written on , by BLP
Is It Possible To Say Bankruptcy Can Cause Happiness? When you need to file a bankruptcy, there is nothing but positive affects from the actual bankruptcy filing. Maybe it could even make you happy. It is important to keep in mind that the bankruptcy is not the problem. Debt is the problem and bankruptcy is Continue Reading
You Probably Won’t Lose Your Home in Bankruptcy
Written on , by BLP
Does Bankruptcy Make You Lose Your Home? Losing a home is a tragic event on its own. Getting your home taken from you can also be a very emotional event especially if the home holds many family memories and history over a long period of time. The loss of a house is tough just as Continue Reading
Bankruptcy Confidentiality and Privacy: Are Bankruptcy Filings Public?
Written on , by BLP
Is there such thing as bankruptcy confidentiality and privacy? It should not be a surprise to anyone that one of the most important concerns of those considering filing for bankruptcy is privacy and confidentiality. There is a lot of information out there on the internet that states that bankruptcy is public information. People are worried Continue Reading
What Filing For Bankruptcy Means?
Written on , by BLP
What Does It Mean When A Person or Business Files for Bankruptcy? If you heard the phrase “file for bankruptcy” before, but you’ve never needed to file for bankruptcy, you may have wondered what filing for bankruptcy means. There are many other phrases used like “file bk”, “go bankrupt”, or “went bankrupt”. In context: I Continue Reading
Business Bankruptcy
Written on , by BLP
Can You Discharge Debt from Your Business with a Business Bankruptcy? Business owners take on a lot of risk to make their businesses work. Many entrepreneurs take on debt to launch their businesses. There are many different types of debt you can use to start a business. Some investors will invest in an opportunity with Continue Reading
Gambling Debt Can Be Wiped Out In Bankruptcy
Written on , by BLP
What Qualifies as Gambling Debt? In this week of March Madness, we are addressing a common issue related to sports… gambling debt! Many of us travel to Las Vegas and bet on sports or play games in Native American casinos here in California. Here in the Inland Empire, places like San Manuel Indian Bingo and Continue Reading
Bankruptcy Trustee: Who Are They And What Do They Do?
Written on , by BLP
Bankruptcy Trustee Terms If you’ve done any research on bankruptcy, you probably have seen the word Bankruptcy Trustee brought up at one time or another. A Bankruptcy Trustee is often thought of as someone handling the bankruptcy case. You have probably also heard the words Trustee Meeting or Bankruptcy Trustee Meeting. This meeting can also Continue Reading
Business Loans After Bankruptcy
Written on , by BLP
Check out this excellent article on how to get business loans after filing bankruptcy from our friends at First Capital Business Finance. This information supports the fact that a bankruptcy is not the end of your credit. It may actually provide you with more opportunities for loans by clearing your credit record. It is plainly Continue Reading