Deciding to file for personal bankruptcy is a tough choice, but you shouldn’t beat yourself up over it. Bankruptcy is specifically designed to help disperse the cloud of debt hanging over you. And it’s probably more common than you think: More than 430,000 people filed for bankruptcy in ...
How to File for Your Own Personal Bankruptcy: Everything You Need to Know Explained Easily Without an Attorney (with Companion CD-ROM)companion cd
Castle Law Office has been handling bankruptcies for Kansas City clients from more than 14 years. If you need the fresh start bankruptcy can provide, call us today at 816-842-6200 to speak with an attorney. Or click here to email us and schedule your free consultation. We currently only ...
bankruptcy in the past, the manner in which that case was disposed of may further complicate a new bankruptcy case. You may not be eligible to receive the protection of the automatic stay, the automatic stay may be limited or you may not be eligible to receive a discharge of debts. These...
Bankruptcy is a status in which a court, by way of a judicial process, deems a person unable to pay their debts. There are two kinds of personal bankruptcy for which you can file: Chapter 7 and chapter 13 bankruptcy. What’s the difference between chapter 7 and chapter 13 bankruptcy fil...
Before you decide to file for bankruptcy, Miller suggests reviewing the following questions with your accountant to determine if it's the right choice for you: How long do you have to pay back loans and deferred payments? Will you need access to credit in the next 10 years?
The goal is to resolve some debts and get current on secured loans — those with collateral, such as a home or car. Here's how to figure out if Chapter 13 bankruptcy is right for you and how to file. Do...
Research on the Establishment of China's Personal Bankruptcy Legal System: From the Perspective of Japan's Personal Bankruptcy System With the increase in personal consumption and investment in China, debt defaults started to appear as a common phenomenon and also a challenge. These factors altogether...
In theory, the ability to file for bankruptcy benefits the overall economy by allowing people and companies a second chance to gain access to credit. It can also help creditors regain a portion of debt repayment. Allbankruptcy casesin the United States go through federal courts. A bankruptcy ju...
The Internal Revenue Service allows a 401(k) hardship withdrawal if you have an "immediate and heavy financial need." In these situations, the 10% penalty could be waived. According to the IRS, the following as situations might qualify for a 401(k) hardship withdrawal: Certain medical expen...