Bankruptcy filings are reducing. After steadily climbing for several years, the number of Americans filing for bankruptcy is on the decline, though that is not necessarily an indicator of an improving economy.

continue

Should I File Bankruptcy? Here Are 8 Signs

Should I Declare Bankruptcy has been a question more and more people in America are asking themselves at an alarming rate. Foreclosures are at a record high however, bankruptcy doesn’t happen just to financial deadbeats. It could happen to your family member, your neighbor, your friend. It could even happen to you.

continue

Filing Chapter 7 Bankruptcy?

Some vital Chapter 7 bankruptcy information. Chapter 7 bankruptcy is the most common type of bankruptcy filed in the United States of America.   There are two main types of filing Chapter 7 bankruptcy.  The first being a business filing this type of bankruptcy, and the second being an individual filing.

An individual can file Chapter 7 bankruptcy, also known as “straight bankruptcy.”
continue