Bankruptcy Basics | Tagged , , , , , , , , , , , , , , ,

What are Bankruptcy Exemptions and why should I care?

So what are bankruptcy exemptions? Well, the short answer is they are what allow you to keep at least some of your property when you file a chapter 7 bankruptcy case. They also play a role in chapter 13 bankruptcy cases, but I’ll talk about that in a later post. When you file a chapter […]

Bankruptcy Basics | Tagged , , , , , , , , , , ,

Should I file Bankruptcy?

“Should I file for Bankruptcy?” or “What would you do if you were me?” are two of the most common questions I get. They are also two questions I will never answer. Why? Well because I’m not you. The decision to file a bankruptcy case is not a decision that should be answered by your […]

Bankruptcy Basics, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy | Tagged , , , , , , , , , , ,

What is the difference between Chapter 7 and Chapter 13 Bankruptcy

One of the most common questions I get about bankruptcy is “What is the difference between a chapter 13 bankruptcy case and a chapter 7 bankruptcy case. For this post we will discuss the differences and some of the factors that might affect whether you choose one or the other. Chapter 7 bankruptcy allows you […]