Most Common Types of Bankruptcy

Growing up in a small rural community, I never really knew much about bankruptcy. It was a word that was whispered occasionally or said in a hushed tone as someone walked by, but not a common word. As I have grown older and as economic times have grown worse, it is becoming a very [...]

How to Deal With Bankruptcy Law

Bankruptcy is a very unfortunate situation and can happen even to seasoned businessman or to a new entrepreneur. To avoid falling into such a trap one should ensure to keep his or her financial health in a very good state. Filing bankruptcy is not an easy job and one has to go through a very [...]

What Happens at the Chapter 7 Court Date?

Shortly after your Chapter 7 bankruptcy case is filed, the Clerk of the U.S. Bankruptcy Court will send notice of your filing to all parties and creditors listed on your bankruptcy petition. The clerk will also assign a Chapter 7 bankruptcy trustee and set a date for your Section 341 meeting of creditors. There are [...]