Pros And Cons Of Filing Chapter 7 Bankruptcy

October 24, 2023
Eric PemperFounder, CuraDebt · Est. 2001BBB A+ Rated · BBB Accredited · ACDR Member · 1,600+ Five-Star Client Reviews Last updated: July 5, 2026 Pros And Cons Of Filing Chapter 7 Bankruptcy Chapter 7 bankruptcy can discharge most unsecured debt in three to six months and stop collection through an automatic stay, but it can…

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Reasons Chapter 13 Bankruptcy Is A Bad Idea

October 23, 2023
By Eric Pemper, Founder of CuraDebtHelping people resolve unsecured, tax, and business debt since 2001 · BBB A+ accredited Last updated: July 5, 2026 The short answerChapter 13 can backfire because it locks you into a three-to-five-year repayment plan that a large share of filers never complete. When a case is dismissed, you can lose…

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Debt Settlement Vs. Bankruptcy

October 18, 2023
Debt settlement and bankruptcy are two financial strategies that individuals facing overwhelming debt often consider as they grapple with the challenges of managing their financial obligations. Debt settlement involves negotiating with creditors to reduce the amount of debt owed, offering a possible path to resolve outstanding balances without resorting to bankruptcy. On the other hand,…

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Chapter 13 Payment Calculator

August 12, 2023
Eric Pemper Founder, CuraDebt · Est. 2001 BBB A+ Rated · BBB Accredited · ACDR Member · 1,600+ Five-Star Client Reviews Last updated: June 15, 2026 Chapter 13 Payment Calculator How much is a Chapter 13 payment? Your monthly plan payment is built from your disposable income (what is left after allowed living expenses), plus…

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Learn Why You May Not Need Chapter 11 Bankruptcy

August 12, 2023
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 that are available to consumers and business owners. Explore…

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