Is Bankruptcy Ethical?
For many people bankruptcy creates a moral dilemma. Many of us are taught to always repay our debts. Sometimes, bankruptcy…
Chapter 7 Overview
In 2011 there were nearly one million applications for bankruptcy protection. Yet the notion persists that bankruptcy is an embarrassing…
Consumer Debt Reduction
The conventional wisdom is that paying down your debt is a good idea all of the time. In fact, paying…
Reaffirmation Agreements in Bankruptcy
Life doesn't come to a halt just because you file Chapter 7 bankruptcy. You still need a car. You still…
The AMR Bankruptcy and You
Unless you have been living under a rock, you have heard that AMR[fusion_builder_container hundred_percent="yes" overflow="visible"][fusion_builder_row][fusion_builder_column type="1_1" background_position="left top" background_color="" border_size=""…
Negative Equity and Social Darwinism
“[D]on’t try and stop the foreclosure process. Let it run its course and hit the bottom, allow investors to buy…
Can I Keep My Credit Cards After Bankruptcy?
A better question might be “should I keep my credit cards after bankruptcy”, but first things first. When you file…
Bankruptcy Will…
…not affect your job search. One persistent myth is that a bankruptcy filing affects your employment prospects. The thinking goes…
Bankruptcy and Retirement Savings
Mike and Jenny have saved money for most of their working lives, and they have put nearly all of that…
Bankruptcy Modification
“The only constant in life is change.”-Heraclitus, 5th century B.C. With regard to your personal bankruptcy, change most often comes…