Learn More About Bankruptcy

Monday, January 25th, 2010

by John Steed Bankruptcy is the condition affirmed by the court of law that somebody or an organization has been unable to clear its debt. This may happen in a court of law when a creditor files a petition towards the debtor who has been not able to pay the required ...

When bankruptcy seems like the only option

Monday, April 20th, 2009

by Josh Ramos If you're thinking about declaring yourself bankrupt in order to solve your debt problems, you want to make sure you consider all of your bankruptcy alternatives carefully before you make the final decision. You may find that you're able to eliminate your debt through other methods such as ...

Are You Eligible for a Chapter 7 Bankruptcy?

Tuesday, April 14th, 2009

by Stephen Trezza A bankruptcy trustee uses two different analyses to determine whether or not a debtor is eligible for a chapter 7 bankruptcy. Using the median/means test, the trustee averages the debtor's income for the previous six months. In addition, the trustee will look at a debtor's current income and ...

Best Way To Improve Your Credit Score After Bankruptcy

Friday, April 10th, 2009

by Cody Blackstone Bankruptcy has become something common these days. In has become a day to day happening as the fact is now understood by all. It is just a situation in which the debtor is unable to pay back the loan money to the creditor. Everything has become very simple. ...

Bankruptcy Means Test

Tuesday, February 17th, 2009

The bankruptcy laws have changed over the years. One of the more complicated, controversial and frustrating aspects of filing for bankruptcy today is that every person who wishes to file must first take a bankruptcy test. Known as a bankruptcy means test, it is a mathematical calculation that is used ...

You Can Begin Your Own Credit Repair Today – Here’s How!

Tuesday, January 20th, 2009

by Mark Alison Regardless of your track record or credit history, you can take some simple steps and do your own credit repair. You can begin right away, and it won't cost you anything - but the improvement can be gigantic! To start, you'll need to get a copy of your credit ...