Christians Filing Bankruptcy
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How to avoid bankruptcy
By Noel Hynes

Here you will find everything you need to know about bankruptcy and debt reduction which will enable you to decide if it's the best option for you.

Bankruptcy is a legal way to offer folks with high interest debt a fresh financial start in life. In case you are considering personal bankruptcy as an answer to your debt problems, you are not alone. Bankruptcy is on the up and up as consumer debt explodes. Additional reasons for turning to bankruptcy for credit card debt alleviation include medical costs and job loss.

The two main types of bankruptcy are Chapter 7 and Chapter 13. Chapter thirteen is generally preferable for most people as it allows the defaulter to hold at least some property. It is i...
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In the News
    Bankruptcy filings up 16 percent
    MILWAUKEE Bankruptcy filings are up 16 percent in Wisconsin during the first half of the year. U.S. Bankruptcy Court records show more than 16,000 petitions were filed through June. Eighty-two percent of the petitions are for Chapter 7 bankruptcy. Thats the type that lets consumers wipe out debt such as credit card balances and medical and utility bills. Bankruptcy attorneys tell the Journal ... Read More ...

    Bankruptcy filings in state up 16% at midyear
    Bankruptcy filings in Wisconsin rose 16% during the first half of this year, an increase lawyers say was driven largely by consumers and small-business operators who couldn't find enough work in the slow economy to keep up with their debts. Read More ...

    Bankruptcy in Connecticut Increases By 24%
    During the first half of 2010, bankruptcy filings for individuals in Connecticut jumped by 24 percent compared to a year ago. In fact, personal bankruptcies accounted for 89 percent of all bankruptcies tracked by the Warren Group, a real estate data firm in Boston, from January to June. Read More ...

 
 
 
 
 

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