bankruptcy terms
How to File Bankruptcy Chapter 13 the Right Way How to file bankruptcy Chapter 13 is a common question for people who have regular income but need help reorganizing their debt. Unlike Chapter 7, which wipes out certain debts quickly, Chapter 13 helps you repay what you owe over time, usually within 3 to 5 […]
What Happens If I File Bankruptcy and How It Affects My Life What happens if I file bankruptcy is a question many people ask when debt becomes unmanageable. Bankruptcy can stop collections and wipe out many types of debt, but it also has long-term consequences. Knowing what to expect before you file can help you […]
How Many Times Can You File Bankruptcy and Still Get Relief How many times can you file bankruptcy is a question many people ask when they find themselves overwhelmed by debt more than once. While the U.S. Bankruptcy Code does not limit the number of times you can file, there are strict rules on how […]
What Happens If You File for Bankruptcy and What to Expect What happens if you file for bankruptcy depends on your financial situation, the chapter you file under, and how prepared you are. Bankruptcy can provide powerful debt relief, but it also comes with long-term financial and legal consequences. In this article, we’ll walk you […]
How Often Can You File Bankruptcy and What You Should Know How often can you file bankruptcy is a question many people ask when facing debt for the second time. While there’s no legal limit to the number of times you can file, there are strict rules about when you can file again and what […]
Can You File Bankruptcy on Student Loans and What It Takes to Qualify Can you file bankruptcy on student loans? This is one of the most commonly asked questions among borrowers struggling with student debt. Unlike credit cards or medical bills, student loans are notoriously difficult to discharge. But despite the challenges, it is possible […]
Understanding What Happens When You File for Bankruptcy What happens when you file for bankruptcy can be life-changing, but not always in the way you fear. While bankruptcy carries a stigma for some, it’s actually a legal tool designed to help individuals or businesses overwhelmed by debt. If you’re struggling to pay your bills, facing […]
23andMe is Going Bankrupt The genetic testing pioneer 23andMe has filed for Chapter 11 bankruptcy protection and announced that co-founder Anne Wojcicki has resigned as CEO. The San Francisco-based company, which revolutionized consumer DNA testing, revealed on Sunday that it will seek to sell “substantially all of its assets” through a court-approved reorganization plan. Chapter […]
Los Angeles Could Go Bankrupt, but Not Because of Wildfires Los Angeles County is confronting a growing financial crisis due to a surge in sexual assault lawsuits. With more than 7,000 claims filed against the county for alleged abuse in foster care, juvenile detention, and other programs dating back to the 1950s, the financial burden […]
Will Filing for Bankruptcy Affect My Job? Filing for bankruptcy is a significant decision that often raises concerns about its impact on various aspects of life, including your employment. While bankruptcy can provide a path to financial recovery, many people worry about how it might affect their current job or future career opportunities. This article […]