When filing for Bankruptcy as an Individual, it is not required, but it is strongly advised that you seek an attorney. While it is a possibility for an individual to file for bankruptcy on their own, it does not mean, in any way, that it is necessarily easier. In fact, to successfully apply for bankruptcy
Make the most out of filing for Bankruptcy. Do not be deterred by the bankruptcy horror stories. Bankruptcy is not for everyone, but it can be very beneficial for those that it is a good fit for. Whether you’ve been buried in debt, lost your home to foreclosure or seem to have an impossible, unforeseeable
The Law Firm of Anderson and Ferrin care even after assisting with a successful bankruptcy filing. Once you’ve filed for bankruptcy, here are a few tips on how you can rebuild your credit. Apply for credit (within reason) Obtain A few Credit Cards and pay them off every month. Make small purchases on your
Step 1 – Be absolutely honest. This cannot be stressed enough. Do not provide and inaccurate or dishonest information. You are required to provide complete and accurate information about all of your assets, debts, income &expenses.. This is a criminal offense. If you knowingly misrepresent your information, or hide your assets, may be subject to
Chapter 11 Bankruptcy The purpose of Chapter 11 Reorganization Bankruptcy is to assist businesses, such as corporations and partnerships, in keeping afloat while handling their debts. With Chapter 11 Bankruptcy, businesses may be assisted in coming up with a repayment plan and reorganizing their debts while they maintain the business. Benefits of Chapter 11 Reorganization Bankruptcy: Interest