Credit score and bankruptcy are arch-enemies. The moment you file bankruptcy as per the federal bankruptcy code, your FICO score drops. This is what you hear from your friends and family. But is that true? Let’s find out today. What is the link between bankruptcy and credit score? When you file for bankruptcy, it means […]
Bankruptcy
How to Get Rid of Your Debt?
One emergency purchase, a short stay in the hospital, or income tax filing could quickly put you thousands of dollars in the hole with no feasible option to pay off the debt. Most people will do their best to pick up extra work and make some extra income in order to pay down debt before […]
How to File Bankruptcy in California
For those in debt, finding relief can be frustrating and add to the already surmounting stress that one deals with when in this situation. Most people don’t know where to begin when figuring out how to file for Bankruptcy in California, which is why most legal professionals would suggest hiring an attorney. When used properly, […]
Reasons to File Bankruptcy
If you have gotten to the point where you are researching the different types of bankruptcy and the benefits of each, there is probably a very good reason for it. Nobody gets into debt or takes out a loan with the intention of having to file bankruptcy, but for many, filing to eliminate unmanageable debt […]
Eliminate Medical Debt by Filling Bankruptcy
Making the decision to file for bankruptcy for any reason can be difficult. It’s common knowledge that filing bankruptcy will be evident on your credit record for several years, and could affect the potential to get a car or home loan for a period of time. While that may all be true, bankruptcy is often […]
Bankruptcy Attorney in Los Angeles
Nobody gets into today’s debt with the intention of falling behind on payments and being forced to declare bankruptcy. We understand personal debt and have been helping clients in Los Angeles properly file Chapter 7 and Chapter 13 Bankruptcy for years. It’s not uncommon to find cheap Bankruptcy Lawyers that will prepare legal documents, only […]
How to Qualify for Bankruptcy
In order to file for Bankruptcy, you must first take a credit counseling class. The credit counseling class is simple, and quick and can be taken in an online course that lasts just an hour. For many people who have been struggling with debt, taking this course is typically the last step before they actually […]
How to Find a Bankruptcy Attorney?
What are the important things you need to know before hiring an attorney for bankruptcy? Not all Los Angeles bankruptcy attorneys located in Los Angeles are equal, and choosing one based solely on price could leave you in a worse financial position than you were to begin with. We’ve all driven past a number of […]
Atari Files Chapter 11 Bankruptcy
Atari has announced that it has filed for Chapter 11 Bankruptcy to reorganize its debt. The Atari Bankruptcy is one of many corporate reorganizations announced in the recent past. The classic video game platform is able to benefit from Chapter 11 by restructuring its management and prioritizing its creditors. In general, businesses that file for […]
