The Pros And Cons Of Filing Chapter 7 Bankruptcy
October 24, 2023
Chapter 7 bankruptcy can be a lifeline for individuals and businesses in financial turmoil, offering the promise of a clean slate by discharging most unsecured debts. However, this financial remedy comes with its own set of advantages and disadvantages that require careful consideration. Understanding the pros and cons of Chapter 7 is crucial for those…
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,…
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 …
Bankruptcy In Arkansas: The Alternative To Consider
March 21, 2023
Bankruptcy In Arkansas: The Alternative To Consider In 2020, there were a total of 10,020 bankruptcy filings in the state of Arkansas, according to statistics provided by the United States Courts. Of those, 8,908 were filed under Chapter 7 bankruptcy, 1,065 were filed under Chapter 13 bankruptcy, and 47 were filed under Chapter 11 bankruptcy.…
Considering Filing? You Need To Know What Happens When You File Bankruptcy
March 9, 2023
Considering Filing? You Need To Know What Happens When You File Bankruptcy What is Bankruptcy? Thinking about filing bankruptcy? Bankruptcy is a court proceeding in which a judge and court trustee examine the assets and liabilities of individuals and businesses who can’t pay their bills and decide whether to discharge those debts so they are…