In an ideal world, a person declaring bankruptcy would have an opportunity to clean up their financial life and never look back. Once the challenge of filing is over, things get back on track and there are no more financial issues from that point forward. Unfortunately, in the real world, bankruptcy does not automatically guarantee...Read More

Contrary to popular belief, bankruptcy has many advantages. Such advantages include getting rid of debt that is not secured with a property, such as credit card debt, medical bills, and payday loans. With a Chapter 7 bankruptcy, one advantage is the potential to strip a second mortgage on a home. Stripping the second mortgage, or...Read More

A divorce can be tricky enough on its own, but it can get very complicated when it is combined with bankruptcy. If you find yourself in this situation, make sure that you contact a bankruptcy attorney who can help you sort out all of the details. There are a number of important things to consider...Read More