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Business bankruptcy filings are down to their lowest rate since 2006. According to the latest quarterly report from New Generation Research, business bankruptcy filings have continued to decline in the first quarter of 2015. The report shows a 3 percent decline from...
Get an overview of the types of bankruptcy that may apply to your business. If you own a small business that is in danger of going under due to overwhelming debt, bankruptcy may be able to help. It is very important to understand that as a small business owner who may...
In most cases you can continue car and residence leases unchanged during Chapter 7 banruptcy. If you are struggling with overwhelming debt from credit cards, medical bills, payday loans, utility bills, etc., Chapter 7 bankruptcy may be an excellent option. Using this...
Get answers to questions about this important post-bankruptcy tool. A Chapter 7 or Chapter 13 personal bankruptcy can provide very valuable debt relief, but this relief does come at a cost. The bankruptcy filing will appear on your credit report for up to 10 years,...
Learn what strategies to try and what to avoid if you’re struggling with debt. Although bankruptcy is a common experience for many Americans that does not mean it is something that should be entered into lightly or treated as a sort of get-out-of-jail-free card for...
Filing for Chapter 7 bankruptcy can help retirees find freedom from debt collector harassment. Retirement is supposed to be a happy and relaxing time, but for many older Americans these so-called “golden years” are being tarnished by debt problems. Retirees who could...