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Bankruptcy: What Is Property?

Learn about the various types of property and assets that should be disclosed in your bankruptcy petition.read more

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What Not to Do Before Bankruptcy

Here are some things to avoid before you file for Chapter 7 or Chapter 13 bankruptcy.read more

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Should I File for Bankruptcy if I Am Unemployed?

When you are unemployed and have a lot of debt, your first impulse may be to file bankruptcy. While it may very well be your best choice, especially in terms of timing, consider some of these issues...

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I have debts and little income. My spouse has a good job. Should I file for...

Question I have debts from a business. I don't have much income, but my spouse has a good job.read more

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I am behind on my mortgage but have no other debts. Should I file for Chapter...

Question I am behind on my mortgage payments. I am not behind on any of my other loan or credit obligations. Can Chapter 13 bankruptcy help?read more

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Should I pay credit card debt from retirement savings or file for Chapter 7...

If you owe a mountain of credit card debt, is it better to file for Chapter 7 bankruptcy to get rid of it, or raid your retirement savings to pay it off?read more

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Converting Your Chapter 7 Bankruptcy to a Chapter 13 Case

Sometimes when you file for Chapter 7 bankruptcy, you may later decide that Chapter 13 is the better option. Or, sometimes the court may require you to convert to Chapter 13 bankruptcy. Read on to...

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Options for Dealing With Liens in Bankruptcy

If you have liens on your property and file for bankruptcy, you may be able to get rid of them through the bankruptcy. In order to do so, however, you must file motions with the bankruptcy court to get...

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Will Filing Bankruptcy Stop Lawsuits and Judgments for Credit Card Debt?

A Texas attorney explains common issues around credit card debt lawsuits and some options, including bankruptcy.read more

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When Filing for Bankruptcy Immediately Makes Sense

Filing for bankruptcy relief is an important financial decision that should not be taken lightly. But if you have decided that bankruptcy is the right choice, sometimes it may be in your best interest...

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Bankruptcy Schedule J - Expenses

When you file for bankruptcy, one of the most important forms you must complete is your Schedule J – Current Expenditures of Individual Debtors.read more

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How Much Debt Should I Have to File for Bankruptcy?

There is no minimum amount of debt you must have in order to file for bankruptcy relief. While the amount of your debt is an important factor to consider, there are other more important factors to take...

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How to File an Emergency Bankruptcy Petition

If you need to file for bankruptcy quickly, you can file a bare-bones emergency petition and then file the rest of the documents later.read more

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How to Value Personal Property on Your Bankruptcy Petition

Here are the basic methods for figuring out the value of your property in bankruptcy.read more

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Bankruptcy Filing Options for Married Couples

Married couples can file for bankruptcy jointly or individually. Learn which option is best for you.read more

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What Happens to Jointly Owned Property in an Individual Bankruptcy?

Learn how joint property is treated in an individual bankruptcy.read more

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How Your Bankruptcy Filing Could Be Audited

Learn what a bankruptcy audit is and your chances of being selected for one.read more

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What is a Proof of Claim in Bankruptcy?

If a creditor wants to get paid in bankruptcy, it must file a proof of claim.read more

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Can You File for Divorce and Bankruptcy at the Same Time?

It's usually best not to file for both divorce and bankruptcy at the same time. Here's why.read more

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Should I Cash Out My Savings Account Before Filing for Bankruptcy?

Find out if it's okay to take money out of your bank accounts before you file for bankruptcy.read more

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