Chapter 7

  What most people don\’t realize is that gambling is one of the most serious addictions in existence.   Why do we say this?   Unlike other addictions there\’s no risk of you ever overdosing while gambling – the only limitation on your gambling addiction is how much money you can find to place your […]

Your ability to discharge your debts through bankruptcy depends on the types of debt you carry. Even though bankruptcy knocks out your personal liabilities to repay a secured debt, the lien that the creditor places on your property survives your Chapter 7 bankruptcy case, unless it’s returned to the creditor. Bankruptcy only provides relief from

  So you\’ve found yourself in a position where you\’ve just received an inheritance of one kind or another, but you\’re also in the process of filing for bankruptcy. Obviously having to declare bankruptcy means that your finances are already stretched to breaking point, so the news of an inheritance will be very welcome, or

Having to actually go through the process of declaring bankruptcy in relation to your own property and possessions can be a tough enough experience for most people, but the \”pain\” of the experience can be magnified if some of your property or possessions involve a co-signer, who has now become your co-debtor.   You see

  The idea of declaring bankruptcy has always had a certain stigma attached to it, and the mere mention of the word is enough to fill most people with a sense of dread and shame.   After all isn\’t bankruptcy simply admitting to the world that you\’re incapable of managing your own finances and that

There are a lot of things you need to consider when you\’re in dire financial straits and on the verge of having to declare bankruptcy, so why would anyone be concerned about whether or not filing for bankruptcy would help reinstate your suspended driving license?   The most common reasons for a driving license being

  Sometimes people get so far in debt that they can\’t see any way out, except maybe to declare bankruptcy. What absolutely horrifies us to hear though is the advice people get from friends like, \”You\’re bankrupt so why not enjoy yourself a little while you still have your credit cards and cash??\”   What

  Every single responsible adult we know of has the exact same reaction to having to declare bankruptcy – shame. The shame is sometimes so pronounced that it affects people on a very personal level, and you\’ll often hear people who\’ve had to declare bankruptcy refer to themselves as \”failures\” and express a deep level