Yes – as part of the filing process, two credit counseling classes are required, one prior to filing and one after filing.
When filing for Chapter 7 bankruptcy, you can keep any property that falls within an exemption. While most property falls within an exemption, if your property does not, then a Trustee may sell [...]
When filing for Chapter 7 bankruptcy, you can eliminate most, if not all, of your unsecured debt.
Yes, the bankruptcy process can halt the foreclosure process, as it supersedes state foreclosure laws.
Chapter 13 bankruptcy may be ideal for homeowners as it can help to protect property that would have otherwise been lost in a Chapter 7 bankruptcy. It may also be optimal for a debtor who needs [...]