The United States Constitution provides a method whereby individuals, burdened by excessive debt, can obtain a “fresh start” and pursue productive lives unimpaired by past financial problems. Bankruptcy is an important alternative for persons strapped with more debt and stress than they can handle. Chapter 7 is designed for those experiencing a financial hardship and

Do it yourself bankruptcy forms are readily available for free by the bankruptcy court, local library, or even by performing a quick google search. These forms are available to the public so that people can file bankruptcy themselves without a lawyer. However, using sources such as these require instruction on how to fill out the

A quick google search on the topic “File Chapter 7 Bankruptcy Without Lawyer” shows a number of results that cautions against filing bankruptcy without a lawyer. The primary reason for the caution is because of what are called exemptions. Exemptions allows one to retain property or the equity that exists in property without liability. Once

Contrary to popular belief, bankruptcy’s impact on credit score is more of a positive impact than a negative one.  It is not uncommon for a person to see an 80-150 point increase in credit score in as little as a year after filing bankruptcy. How is credit score determined? A credit score is a three