Category: chapter 7 bankruptcy

How Much Do You Have to Be in Debt to File Chapter 7?

When every call you get is from collections and you’re drowning in debt, you may want to consider filing for Chapter 7 bankruptcy. Bankruptcy may ...

How Much Equity Can I Have in My Home and Still File Chapter 7?

Chapter 7 bankruptcy, sometimes called "liquidation bankruptcy," allows individuals to discharge most of their unsecured debts for a fresh start. During this process, a bankruptcy ...

Will I lose my retirement money in Chapter 7 bankruptcy?

Filing for Chapter 7 bankruptcy might be your best chance to free yourself from burdensome debt. However, you may fear that the liquidation process will ...

What is the Chapter 7 timeline?

When you file bankruptcy, it may feel like you do a lot in the beginning and then sit around waiting for a long time before ...

Does Chapter 7 discharge all your debts?

If you think that Chapter 7 bankruptcy discharges all of your debts, think again. FindLaw explains that while it is true that Chapter 7 will ...

Breaking down the Chapter 7 means test

No one in Long Island is immune to the potential of financial struggles. Such struggles often result in mounting debt, which can make it more ...

Know when to consider Chapter 7 bankruptcy

When you are having financial problems in New York, you may sometimes think that putting more money toward your debt is the only solution. Sometimes, ...

What is the bankruptcy means test?

New York residents like you who are having financial struggles may need help digging yourself back out. This is where filing for bankruptcy can come into ...

Credit cards after bankruptcy

When you file for Chapter 7 bankruptcy in New York, you may think you will not be able to have a credit card again. We ...

Why are people still ashamed of filing for bankruptcy?

You have been struggling with your finances for some time now, but the main thing holding you back from filing for Chapter 7 bankruptcy is ...