Entries by melvin babi

What happens when you file for bankruptcy?

You’ve taken the difficult but necessary step of filing for bankruptcy and may be wondering what your financial future holds once the dust has settled. To question what happens when you file for bankruptcy is both natural and responsible. It shows that you’re concerned with the immediate repercussions and are looking forward to the clean […]

Filing for Chapter 7 Bankruptcy? The Bankruptcy Requirements to Know

Chapter 7 Bankruptcy, also known as liquidation bankruptcy, is the most common bankruptcy case—63 percent of over 800,000 bankruptcy cases in 2016 were Chapter 7. It discharges most of the unsecured debts that include medical bills, personal loans, and credit card debts. Being the quickest, most common, and the simplest type of bankruptcy to file […]