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Bankruptcy Is It For You
By T. Potter

Bankruptcy does offer a clean start. For those who are struggling with debts and just can no longer make ends meet, this seems like the right choice to make. But, before you head down that road, you should make sure that it is the right decision for you. There are many consequences to filing that you should know about. And, with new laws in place to make it harder to qualify for bankruptcy, you may also find yourself not knowing if you qualify for it.

What Does Bankruptcy Do?

Bankruptcy can be filed two ways. First, it can be filed to erase all of the credit claimed on the bankruptcy. It will wipe the slate clean for these credit grantors meaning that you will not owe them any more money. But, you...
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Copyright 2010
 

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In the News
    Bankruptcy Protection & Economic Teetering in a Strange Economy
    Bankruptcy protection may be needed for the city of Harrisburg, Pennsylvania. It's just a sign of the times in a down economy, right? Dauphin County, which is a guarantor of Harrisburg bonds, has given permission to a bond trustee, TD Bank, to sue the city over $35 million it owes on bond payments for an incinerator project, the Central Pennsylvania Business Journal reported Thursday. These days ... Read More ...

    Bankruptcy judge says Houser’s Rome trial to continue
    ATLANTA — A federal bankruptcy judge in Atlanta ruled Thursday that a civil case filed against a former Rome nursing home owner can continue today in Floyd County Superior Court. George D. Houser ... Read More ...

    Bankruptcy Filings Fell Last Month
    Personal bankruptcy filings fell in August, nearly erasing the rise in filings the prior month, a new report shows. Read More ...

 
 
 
 
 

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