Credit Counseling and Bankruptcy

Sometimes you may receive an offer for a free weekend in Florida, if you attend an “information session” extolling the virtues of a timeshare.  Pre- and post-petition bankruptcy debt counseling is similar, except that no one is trying to sell you a timeshare. The...

Chapter 7 Overview

In 2011 there were nearly one million applications for bankruptcy protection.  Yet the notion persists that bankruptcy is an embarrassing process that will ruin any opportunity for financial well-being. Chapter 7 is sometimes called “liquidation”, although that...