BANKRUPTCY UPDATES

• Monk's Personal Bankruptcy Case Gets Stranger (February 01, 2012)
• Bankruptcy Filings by Big Companies Falls by 17 Percent (January 26, 2012)
• Wrigley Field Rooftop Building Sold in Bankruptcy Auction (January 27, 2012)
• Former Flying Wallenda Files for Chapter 13 bankruptcy (January 31, 2012)
• Green Fuel Developer Evergreen Energy Files for Bankruptcy (February 03, 2012)

Filing Bankruptcy Facts & Lawyers

Millions of people have turned to filing bankruptcy to eliminate debt and stop foreclosure.

Filing bankruptcy is a powerful step for those overwhelmed by debt and unable to pay their bills. To discover how filing bankruptcy may help you, complete the below form to receive a free bankruptcy evaluation by a lawyer:

When Filing May Help You

If you're avoiding creditors, or if you've been trying to work with them but they won't budge, it's probably time to examine other options.

If you've been threatened with collections, and they've even gone as far as threatening or starting the foreclosure or repossession process, filing bankruptcy may stop those efforts cold.

Filing Under Chapter 7 or 13 Bankruptcy

By filing Chapter 7 bankruptcy, many people have eliminated their unsecured debt, like:

• credit card bills
• medial debt
• utility bills
• store cards
• payday and some personal loans

Filing Chapter 13 may also help you stop foreclosure or repossession. Under Chapter 13, people repay debts through an interest-free repayment plan that usually lasts 3 to 5 years.

Keep in mind, you can regain credit after filing bankruptcy. Don't let creditors fool you. Many people have improved their credit after filing because they were able to dump that old debt and start anew.

Bankruptcy is a legal process that was design forgive debts.

Get information on the bankruptcy filing process, laws and the different chapters of bankruptcy:

Bankruptcy and Foreclosure - Bankruptcy was designed to stop foreclosure. The automatic stay is a powerful court order that can be used to stop most forms of collection.

Bankruptcy and Your Car - Can you keep your car if you file bankruptcy? Get the facts.

Medical Bankruptcy - Medical bills can be devastating, even for families with health insurance and emergency savings. But both personal bankruptcy chapters are designed to address medical bills, and may help you make a full financial recovery.

Wage Garnishment - Wage garnishment can be difficult for a family already living on the edge. In some states, creditors may be able to access half of your paycheck. Fortunately, bankruptcy's automatic stay directly addresses garnishment.

State Bankruptcy Laws - Bankruptcy laws are different in every state.

Bankruptcy Chapters - The two main options for personal bankruptcy are Chapter 13 and Chapter 7.

Filing in the U.S. Under the Bankruptcy Code

If you live in the United States, you can file bankruptcy under the U.S. Bankruptcy Code. This code was created to give everyone a chance to resolve debts and move forward.

Filing for bankruptcy can be a big decision, but for many people it's the start to a new life.

If you need specific information about how filing bankruptcy may help you, speak with a local bankruptcy attorney.

To connect with a sponsoring bankruptcy attorney, click below or call 877-349-1309.