Most debts can be discharged—permanently eliminated—in bankruptcy. There are important exceptions. The vast majority of debts are “discharged”—legally written off—when you file a “straight bankruptcy” Chapter 7 case. All Debts Discharged Unless Fits an Exception Bankruptcy law strongly ... Read More »
Discharging Your Debts in Bankruptcy
If you need a fresh financial start, you can get there through a "discharge"--permanent legal elimination--of your debts. Whether you file a Chapter 7 “straight bankruptcy” or Chapter 13 “adjustment of debts,” they are both designed to finish with a discharge of some or all of your debts. A ... Read More »
Bankruptcy Simplified
Bankruptcy gives you two main options--Chapter 7 and 13--and then options within those, for taking charge of your financial life. What is Bankruptcy? Bankruptcy is a legal option for dealing with your debts. It enables you to face your financial life in an honest and realistic way. It ... Read More »