Bankruptcy FAQs

You have five options: Tenure – equal monthly payments as long as at least one borrower lives and continues to occupy the property as a principal...

The Bankruptcy Code generally prohibits termination of employment or discrimination with respect to employment solely because an individual (1) has filed a bank...

Whether you will continue to have and use any given credit card account is up to the issuer of the card. Some issuers may permit you to keep your account if you...

So-called “bankruptcy petition preparers” offer services in some areas of the country or over the Internet. Although their fees are usually lower than those...

You are not required to be represented by an attorney, but the advice of an attorney is generally helpful in understanding your rights and the consequences of y...

The fee paid to the United States Bankruptcy Court for filing a Chapter 13 case is presently $274, but is subject to change, so be sure to ask your attorney wha...

The fee paid to the United States Bankruptcy Court for filing a Chapter 7 bankruptcy case is presently $299, but is subject to change, so be sure to ask your at...

In a Chapter 13 case, an individual with regular income repays all or a portion of his or her debts over a three-to-five-year period through a monthly payment p...

Chapter 7 bankruptcy is a legal process that can help certain individuals get a "fresh start" by eliminating some or all of their debt. Under Chapter...

For most individuals, whether they should file for bankruptcy is one of the most serious financial decisions they can make. Consequently, that decision should b...