Converting Chapter 13 To Chapter 7: What You Should Know
October 30, 2023
Converting from Chapter 13 to Chapter 7 in the realm of bankruptcy law is a significant decision that individuals or businesses may consider when facing financial challenges. Chapter 13 bankruptcy involves a structured repayment plan, while Chapter 7 offers a fresh start through the liquidation of assets to discharge debts. Understanding the process and implications…
Is Bankruptcy Discharge Public Record?
October 25, 2023
Yes, bankruptcy discharge records are generally public records. When a bankruptcy case is filed in the United States, it becomes a matter of public record, and various documents related to the case, including the bankruptcy discharge, are typically available to the public. The bankruptcy discharge is an important document that signals the successful completion of…
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 …
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…