5 Things You Need To Do Before Filing For Bankruptcy

If you are thinking about filing for bankruptcy, there are some things that you need to do as you prepare your paperwork and get ready to start the formal process. These things will help you prepare for the formal process and ensure your future financial success. #1: Take a Credit Counseling Course You are going to be required to take a credit counseling course before you are able to file for bankruptcy.…

3 Facts About Chapter 13 Bankruptcy

Before you sign the documents needed to file a Chapter 13 bankruptcy case, you must know what it is and how it works. Chapter 13 is a branch of bankruptcy, but it does not work the same as a Chapter 7 case. If you want debt-relief assistance through Chapter 13, it might be wise to know the following three facts before filing. It Does Not Offer an Instant Discharge The first thing to know about Chapter 13 is that it does not offer an instant discharge like Chapter 7.…

Questions To Consider Before Pursuing Bankruptcy

There is no doubt about it – filing for bankruptcy is a big ordeal. As a result, people that consider filing should ask themselves some vital questions before pursuing bankruptcy. If you are on the verge of using bankruptcy for debt relief, here are some essential questions you should ask yourself before you file. Can You Use a Different Method to Get Out of Debt? As you ponder this decision, it might help to consider alternative ways out of debt.…