Both Chapter 7 and Chapter 13 bankruptcy have a significant impact on bankruptcy exemptions. In Chapter 7, exemptions help determine how much of your property you get to keep. In Chapter 13 bankruptcy, exemptions help keep your plan payments low. Learn more about these exemptions, and how they work. What is considered exempt and what […]

If you are considering bankruptcy, you face many issues, and you are uncertain of any benefits bankruptcy may offer. In addition to releasing themselves from debt every day, bankruptcy has many other benefits. But does hurting your credit record for 7 to 10 years also have any additional benefits?   Before reaching a final decision, […]

If you are filing for bankruptcy, you have the choice to represent yourself or hire a bankruptcy defense attorney in Delray Beach or your residing area. If you choose to represent yourself, one benefit is that you will most likely save in attorney’s fees.  However, you will need a general understanding of the legal process […]

Many people experience going into debt in their lifetimes. Whether it’s medical debt, student loan debt, or credit card debt, we all go through it. Sometimes our debt is temporary, or we pay it off, but other times it continues to grow. Seeing that number get larger is overwhelming and stressful. Sometimes, it feels like […]

What Is Chapter 7? Chapter 7 bankruptcy is defined as Protection from creditors granted to individuals or companies who legally file for bankruptcy, providing for liquidation of certain assets to pay debts. A bank trustee is assigned and is tasked with gathering and selling your nonexempt assets. They then take the proceeds to pay off […]

Money seems to rule the world, but you shouldn’t let it rule over you. When you’re suffering from a financial strain such as debt, your life just feels like it can’t be lived to the fullest. Not only does debt feel like a looming rain cloud, but it also can stop you from qualifying for […]

Deciding whether to file bankruptcy or not can be a big decision. You have to take a look at all of your debt and figure out if it’s something you can tackle. If it does seem like an overwhelming amount that you would carry through the rest of your life, bankruptcy may be a good […]

Sinking into debt comes with a wave of emotions. You may feel stressed out, disappointed in yourself, and lost. But, you don’t need to live with your debt looming over you. There is a chance at a fresh start when you file for bankruptcy. Filing for bankruptcy may feel like admitting defeat; however, sometimes, it’s […]

Once you decide to file for bankruptcy, you may be wondering what the next steps are. The topic of bankruptcy has quickly become one that is highly stigmatized and deemed taboo in society. And unfortunately, these labels make it difficult to get the real and vital information on it.    The best thing you can […]

Deciding whether or not filing for bankruptcy is a good idea for you is a hard decision to make. There are many factors to consider. You may run it over in your head many times, coming to a different conclusion each time. File bankruptcy, wait it out, file bankruptcy, it can get overwhelming having to […]