Chapter 7 Bankruptcy Payment Calculator
August 12, 2023
Chapter 7 Bankruptcy Payment Calculator Chapter 7 liquidation is the most common form of bankruptcy in the United States. It is sometimes called “liquidation” bankruptcy and allows liquidation of assets to pay creditors. Depending on your assets your payment may or may not be $0. Call 1-877-850-3328 to get personalized assistance for the calculator or …
Chapter 13 Payment Calculator
August 12, 2023
Chapter 13 Payment Calculator A chapter 13 bankruptcy is also called a wage earner’s plan. It enables individuals with regular income to develop a plan to repay all or part of their debts. Chapter 13 bankruptcy typically involves a repayment plan spanning three to five years, which means you’ll be committed to making payments for…
Learn Why You May Not Need Chapter 11 Bankruptcy
August 12, 2023
Learn Why You May Not Need Chapter 11 Bankruptcy Chapter 11 Bankruptcy is available mostly for large businesses that have the ability to be unaffected by the expenses, time, and legal challenges involved. According to statistics, almost 90% of businesses fail to complete a successful Chapter 11 bankruptcy plan. There are more effective, non-bankruptcy options…
Filing For Business Bankruptcy? You Need To Know This First
August 3, 2023
Thinking For Filing For Business Bankruptcy? You Need To Know This First What is Business Bankruptcy? Business bankruptcy refers to a legal process undertaken by a company or business when it is unable to repay its debts to creditors. It is a formal declaration that the business is insolvent and cannot continue to operate under…
Massachusetts Bankruptcy: Consider The Alternative
April 5, 2023
Massachusetts Bankruptcy: Consider The Alternative As of 2021, Massachusetts’ outstanding debt was approximately $82.5 billion. This includes general obligation bonds, revenue bonds, notes, and other types of debt issued by the state government. In terms of per capita debt, Massachusetts has one of the highest levels in the country, with each resident owing about $12,000.…