Chapter 7

Everyone needs to have a fresh start sometimes. Whether it's starting a new diet, moving home, or getting rid of financial burdens, getting a fresh start can be uplifting psychologically and improve quality of life significantly. If you have been struggling with poor...

There are many different ways to file for bankruptcy. The routes for doing so are called bankruptcy "chapters." The most beneficial bankruptcy chapter for you will depend on your individual circumstances. If you are a private individual filing for bankruptcy as...

Many people have problems with compulsive shopping. Casually termed as "retail therapy", it's common for light-hearted jokes to be made about those who love to shop and have more clothes than they can wear. However, those with a shopping addiction can find themselves...

Many people across the United States have a significant amount of debt. While this is never a good situation to be in, it is nothing to be ashamed of. It's common for those who live from paycheck to paycheck to accumulate significant amounts of debt through the use of...

In difficult financial times, filing for bankruptcy can be a great way to get a fresh financial start and be free from the burden of debt. One of the most popular bankruptcy chapters is Chapter 7. It's a preferred choice for many debtors because it enables them to...

Individuals who are having difficulty paying their mortgage often think that they have no options but to let their home go. This isn't the case though. The process that lenders have to go through to foreclose on your home is quite expensive and involved. This often...

Chapter 7 bankruptcy is perhaps the most common form of bankruptcy because it makes it possible for a person in debt to gain a fresh financial start. Over the holiday period, many people rely solely on their credit cards to make purchases, and as a result, they can...

The financial demands of having a family can mean that you spend more money each month than what you earn. Many people find that they lose track of what they are spending because of their use of credit cards and loans to fund their lifestyle. When they finally sit...

Many people who decide to file for bankruptcy feel that they are stepping into the unknown. They may feel that bankruptcy was their last possible option to get them out of debt.While bankruptcy can be viewed as a last resort, it can have a positive outcome. Filing for...

It's very common for debtors to be fearful about taking action to file for bankruptcy. Making the decision to file for bankruptcy under Chapter 7 means admitting that you have a serious debt problem. This is the first step in a complex debt resolution process.Filing...