Personal Bankruptcy Filings Trend Towards Chapter 7 Bankruptcy

Posted by on Mar 19, 2011 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments Bankruptcy filings have risen steadily in recent years, and more and more households are finding that bankruptcy may be their best or only option in our current declining economy. With the new decline in the economic climate and soaring unemployment rates, the stigma of filing for bankruptcy is quickly fading. More American consumers today, than ever before, are filing for bankruptcy. With...
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The Basics of a Consumer Chapter 7 Bankruptcy, part 1 of 3

Posted by on Feb 28, 2011 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments When most people think of bankruptcy, they automatically think of a Chapter 7 bankruptcy.  This is because most people think of bankruptcy as simply getting rid of their debts.  However, for most individuals, there are actually two types of bankruptcy, Chapter 7 and Chapter 13.  Generally, an individual chooses to file either a Chapter 7 or Chapter 13 bankruptcy, each having its own...
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