Blog Posts in July, 2017

What Type of Debt Can I Discharge in Bankruptcy?

Typically, when you’re looking to discharge the majority, if not all of your debt, you look towards Chapter 7 bankruptcy . Unlike Chapter 13 , in which you can set up a repayment plan, Chapter 7 allows you to wipe out your debt. Before filing for bankruptcy, it’s important to know what kinds of debt can be discharged. Debts that can be discharged include: Credit card debt Collection agency ...

Will Filing for Bankruptcy Ruin My Credit?

Exploring the possibility of filing for bankruptcy can be a path filled with worry and hesitation, especially when it comes to the aspect of credit. Will your credit score be ruined forever? Does it mean you won’t be able to get a loan? How will it affect your future? How Bankruptcy Will Affect Your Score There is no sugarcoating the negative impact that a bankruptcy has on your credit. If your ...