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Chapter 7 Bankruptcy

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Bankruptcies during the COVID-19 Outbreak

Because of the safety protocols imposed in response to the global COVID-19 pandemic, many federal bankruptcy courts throughout the United States have adopted modified operations to ensure that physical distancing is observed at all times and to prevent beginning a contagion in a United States bankruptcy court. In Washington, many courthouses have closed, leaving [...]


Pros and Cons of Filing Chapter 7 Bankruptcy

Filing for bankruptcy is not an easy decision.You will need to weigh in factors such as your capacity to pay off creditors, the list of exempt property and nonexempt assets you have which will be placed in a bankruptcy estate, where you can get legal advice, and even how your credit score will be [...]