Filing For Chapter 7 Bankruptcy: 3 Commonly Forgotten Documents You Should Also Bring To Your Meeting With An Attorney

Posted on: 10 April 2017
The economy is getting to a better place lately; however, many Americans are having a hard time making ends meet and paying off their bills. Although fewer Americans are drowning in debt, there were still 800,000 bankruptcy cases filed in federal courts last year. If you're thinking of filing for bankruptcy as well, speaking to a bankruptcy attorney or trustee can be of great help. Bring documents and paperwork to your first meeting in order to get the ball rolling.
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3 Things You Should Know About Bankruptcy And Your Student Loans

Posted on: 27 March 2015
Student loans are some of the biggest debts that many Americans carry. The average student loan debt for students who graduated in 2012 was more than $29,000. With those numbers in mind, it should come as no surprise that many people who consider bankruptcy also struggle with student loan debt. However, while bankruptcy may be an effective way to deal with mortgages and credit card debt, few people wrestling with student loan debt find their answer in bankruptcy proceedings.
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Chapter 7 Bankruptcy: Special Considerations For Senior Citizens

Posted on: 13 March 2015
Many senior citizens rely on payments from Social Security or private pension funds to cover their expenses during retirement. Unfortunately, people on fixed incomes often struggle to pay off their debts. If you are living on a fixed income and struggling to pay your bills, bankruptcy might be a good option for you. Here are several things you must consider before making the decision to file. Home Equity and Bankruptcy
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Struggling To Keep The Bills Paid In Your Golden Years? Bankruptcy May Go Easy On You

Posted on: 12 March 2015
Bankruptcy is often portrayed as a terrible thing to be avoided at all costs. However, for elderly people facing debt, bankruptcy's negatives may not be so serious, and its ability to get rid of certain types of debt may be even more important. If you're getting older and worrying about your debts, maybe it's time to consider chapter 7 bankruptcy. Elderly People Have More Untouchable Money When you file for chapter 7 bankruptcy, you must first pass a means test before you can proceed.
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