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Creditors in Bankruptcy

When you file for Chapter 7 bankruptcy, you will be submitting a list of creditors that will be included as a part of the bankruptcy petition. You should not be concerned about how many creditors you need to include in a Chapter 7 bankruptcy. The bankruptcy code does not limit the number of creditors that Continue Reading

Many Americans Too Broke to File for Bankruptcy

Here’s an article that describes average costs for bankruptcy filing and why many Americans are having a difficult time coming up with the funds to file for bankruptcy: http://on.ksdk.com/KHzBMQ It states that, on a nationwide average, attorneys are charging $1500 and court filing fees add an additional $300 along with $85 for credit counseling sessions. Continue Reading

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