If you’re being sued for hospital bills, credit card debt, automobile accident damages, or a contract breach, declaring bankruptcy will put an end to the claim. Defending these cases is pointless if you are eligible for a discharge of the debt. The last thing you want is to wake up s...
Declaring bankruptcy can discharge or forgive you of many debts that you cannot repay. Bankruptcy doesn't discharge every type of debt, but it can wipe out things like credit card debt. Sole proprietors can file personal bankruptcy to wipe out both personal and business debts. Or, you can ...
Your odds of getting a traditional mortgage improve typically three to four years after a bankruptcy, but you should still be prepared to encounter higher interest rates or make a larger down payment.FHA and VA mortgage loansare typically available two years after a Chapter 7 discharge, or one ...