Bass.Franklin

Is It Possible To Own a Home After Bankruptcy?

One of the most common misconceptions people have about bankruptcy is that by filing, they will never be able own a home again. While bad credit can be a stumbling block to obtaining credit for individuals who have not filed for bankruptcy, credit is not ... Read >

Bankruptcy Exemptions What Is Eligible?

Chapter 7 bankruptcy is commonly referred to as “liquidation" bankruptcy. It cancels debt entirely in the course of approximately three months and is an attractive option for many people considering bankruptcy. The down side for many is that filing for Ch... Read >

Debt Relief: What Are the Alternatives to Bankruptcy?

For the millions of Americans struggling with debt, there are a lot of voices that claim to help. Unfortunately, the variety and differences in the options can be downright disorienting. Here is a quick run-down on the options that you have to achieve deb... Read >

Protect Your Vehicle From The Repo Man With Bankruptcy

Falling behind on payments for any type of vehicle happens to the best of us. Sometimes life deals you adversity that you didn't expect. It may start with an unexpected medical bill, or a work related layoff or some situation that no one plans for in the ... Read >

Five Steps To Help Avoid Bankruptcy

According to a 2008 survey by the American Payroll Association, 71 percent of American workers are living paycheck to paycheck. If you are one of the many who live paycheck to paycheck, or if you have fallen behind, here are some tips that can help you ge... Read >

Bankruptcy for Small Businesses

The entrepreneurial spirit is one of the touchstones of American culture that has made our country so strong. The willingness of driven individuals to step out and risk their financial stability for the sake of a business they believe in has been a cataly... Read >

How To Protect Your Investments In Bankruptcy

Serious financial problems rarely happen when you expect them. Personal injuries or other illnesses that leave you disabled can cause huge medical bills to pile up yet cut off the only source of funds you have to pay off your debts. Sixty-two percent of a... Read >

What Are the Differences Between Chapter 7 and Chapter 13 Bankruptcy?

Being in debt can be a stressful, confusing, and often scary situation. It can feel like you are in a deep hole and all you want to do is climb out but creditors are continually throwing dirt down to bury you. Sometimes, the best option to get out from th... Read >

Does My Chapter 13 Payment Change With My Income?

The decision to file for bankruptcy is not one to take lightly. With the multiple bankruptcy plans available and the changes to bankruptcy law that occurred in 2005, it is important to be an informed about options from various scenarios. If you are consid... Read >

New Bankruptcy Law Explained

On October 17, 2005, new bankruptcy law went into effect, changing the process of filing for bankruptcy throughout the United States. This new shift in law requires additional steps to be taken by the attorney and the debtor but has been geared toward ben... Read >

What Happens If I Don’t Make My Chapter 13 Payment?

No one plans on dramatic financial changes, but they happen. When changes do arise to an individual in Chapter 13 bankruptcy, they might be misled into believing there is no other option than sticking to their schedule of set monthly payments. But they mi... Read >

Four Questions To Ask a Bankruptcy Lawyer Before Signing.

With the widespread changes that happened in bankruptcy law in 2005, it is more important than ever to hire a competent, experienced lawyer for a successful bankruptcy case. If you are considering filing for bankruptcy, you want to be fully informed about... Read >

The Myths of Bankruptcy

Like most formidable situations, bankruptcy has earned its reputation based on a few truthful facts and too many embellishments. Much of this misinformation was disseminated to the public after the new bankruptcy laws went into effect in 2005. Once you kn... Read >

How Flexible is Chapter 13 Bankruptcy?

One of the most common questions about Chapter 13 bankruptcy is what happens if your financial situation changes during the duration of the plan? After all, a Chapter 13 plan runs from between three to five years and a lot of life can happen in that perio... Read >

The Role of a Trustee in a Bankruptcy Case

Ok, you are getting a fresh start on your financial situation by filing for bankruptcy. One of the important players that you are going to be interacting with in the case is a bankruptcy trustee. A bankruptcy trustee is a lawyer assigned to oversee your b... Read >