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Chapter 7 Bankruptcy

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bankruptcy terms

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5 Tips for Dealing With Debt Collectors

5 Tips for Dealing With Debt Collectors​ Sun Tzu said: “Know the enemy and know yourself. Your victory will be painless. Know the weather and the field. Your victory will be complete.” So let’s first discuss the enemy: the debt collector. In order to understand the debt collector, you have to understand how debt collection […]

Bankruptcy form with Chapter 7 on it. Sticking out of a folder with a gavel on it

10 Terms in Chapter 7 Bankruptcy You Should Know

10 Terms in Chapter 7 Bankruptcy You Should Know Chapter 7 bankruptcy is a legal process designed to provide individuals and businesses with a fresh financial start by eliminating most of their debts. It’s a complex legal field that can feel impossible to understand if you haven’t studied law yourself. To better navigate this legal […]

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10 Essential Chapter 13 Bankruptcy Terms

10 Essential Chapter 13 Bankruptcy Terms Many of us aren’t aware of the intricacies of bankruptcy law. Fewer are aware of the existence of multiple chapters of bankruptcy, or of their different functions. We aren’t all qualified to be bankruptcy attorneys, after all – not to worry, though. In this list, you’ll find terminology that […]

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10 Bankruptcy Terms You Need to Know

10 Bankruptcy Terms You Need to Know Are you familiar with the difference between the various chapters of bankruptcy? Can you define an adversary proceeding? Do you know the qualifications for a bankruptcy means test? If you answered “no” to any of those questions, then don’t worry – most of us can’t. Bankruptcy is a […]