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Why You Should File for Chapter 13 Bankruptcy

Bankruptcy is a lawful way to help get out of debt. There are different types of bankruptcy that you can file. For the everyday person, chapter 7 or chapter 13 bankruptcy can be filed. Depending on your debt and your income, you may qualify for chapter 7 or chapter 13. Chapter 7 is typically for someone that doesn't have any money at all to pay back their debts, and their debts are usually fairly low.

How To Take Action When You've Been Harmed: Understanding Your Choices

When harm visits you, there are many remedies. For crimes, the criminal courts will have their say. If the harmful action is not classified as a crime, victims can take action in civil court. Victims may seek justice using small claims court or in civil (or personal injury) court. It's easy to see why accident victims are sometimes confused about what steps to take to be paid compensation. For some help on these matters, read on and find out which court is best for your circumstances – small claims court or civil court.

The Difference Between Bankruptcy Cases Dismissed Without Prejudice Vs. With Prejudice

When a person files for bankruptcy, there is no guarantee that the bankruptcy court will approve the case and allow the person to use this system for debt-relief purposes. While most cases will get approved, there are also many times when the court will dismiss a person's case. If you are preparing to file for bankruptcy, you should understand the two main types of dismissals courts use when they throw cases out.

Meet Three Conditions To Boost Your Chances Of Getting A Hardship Discharge In A Chapter 13 Bankruptcy

Despite your best efforts, you may fail to meet your obligations in Chapter 13 bankruptcy. If this happens, you may be able to get a hardship discharge, which is simply a discharge you get before meeting all the original requirements of your bankruptcy case. However, a hardship discharge isn't a walk in the park; you have to meet all these three conditions: Modifying Your Plan Isn't Feasible The first thing the court expects you to do when your financial situation takes a turn for the worse is to petition for a plan modification.

4 Things To Know About Pre-Bankruptcy Credit Counseling

Filing for bankruptcy is a big step to take in life, and this is why you will be required to take a credit counseling course before you actually file. This course is designed to help you make the right decision with your finances, and it will teach you a lot of different things. Here are four things you should know about the course you will be required to take before you can file your bankruptcy paperwork.