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Consumer Debt vs. Non Consumer Debt

Sawin & Shea

When filing Chapter 7 or Chapter 13 bankruptcy, it’s critical to understand the difference between consumer debt and non-consumer debt. If you’re considering filing Chapter 7 or Chapter 13 bankruptcy, consider enlisting the help of skilled bankruptcy attorneys. What is Consumer Debt?

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What Is the Difference Between Chapter 7, 11, and 13 Bankruptcies?

Credit Corp

If you decide to file for bankruptcy, you must next decide which type of bankruptcy is right for you. Most individuals have three options, and understanding Chapter 11 vs. Chapter 13 vs. Chapter 7 is important in making the right decision. What Is Chapter 11 Bankruptcy?

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Credit Card Debt Forgiveness: What You Need to Know

Credit Corp

If you have credit card debt and you’ve been struggling to repay your creditors, don’t panic—you may qualify for some type of credit card debt forgiveness. Here’s what you need to know about this option for managing your finances. What Is Debt Forgiveness? trillion in credit card debt.

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What Does the Bankruptcy Trustee Investigate?

Sawin & Shea

If you’re considering filing Chapter 7 or Chapter 13 bankruptcy, you need to be aware of the different components of the filing process, including the role of the bankruptcy trustee. Here’s what you need to know about the bankruptcy trustee and what they will investigate.

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What Should You Know About Medical Debts & Bankruptcy?

Sawin & Shea

Because of the serious burden medical debts have placed on Americans, many are turning to bankruptcy as a potential option. However, while bankruptcy can help, it’s important to understand how the process works, especially concerning your medical debt. Can You File Bankruptcy on Medical Bills?

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Bankruptcy and Divorce: Should I File Before or After?

Sawin & Shea

If you depend on your former spouse’s income, you may struggle to make ends meet once you rely solely on your money as well as any alimony or child support payments. Because so many struggle financially after divorce, it’s common for individuals to declare bankruptcy before or after their marital dissolution.

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Chapter 13 Bankruptcy and Tax Debt

Sawin & Shea

If you’re struggling with overwhelming tax debts, you should consider all of your financial options , one of which is filing bankruptcy Chapter 13. With Chapter 13, you can pool all of your debts, including some types of tax debts, into a three-to-five-year repayment plan. Does Bankruptcy Clear Tax Debt?