Articles About Bankruptcy
News & Information About Bankruptcy in Tacoma, Seattle, Vancouver, Portland & Salem
Trusting a Trustee: The Role of a Chapter 13 Trustee
Declaring bankruptcy is not an easy decision to make. It happens when a person or a company fails to pay back its financial obligations to creditors. Some individuals believe that bankruptcy is the only way for them to stay out of debt. One of the common types of bankruptcy [...]
What Does the Chapter 13 Trustee Do?
The Chapter 13 bankruptcy trustee appointed to your case oversees the administration of the plan. In this article, we’ll list down the tasks of a trustee and how payment is carried out. Chapter 13 in Brief Among the different types of bankruptcy, Chapter 13 is also known as reorganization [...]
8 TIPS ON HOW TO REBUILD YOUR CREDIT
It can be tough to get back on your feet after a bankruptcy. This harms your credit score and makes it hard to apply for new loans. However, it’s not impossible! With discipline and patience, you can surely get on the way to rebuilding your credit score. The following [...]
A Quick Guide on How to File Bankruptcy
There are things you should consider before filing bankruptcy. It includes your eligibility to file bankruptcy, the types of debt you owe to your creditor, your monthly income, and living expenses. Bankruptcy enables a debtor to virtually pay all of his or her debts to creditors. You should take [...]
Declaring Bankruptcy Chapter 7: Discharged Debt and the Means Test
Most people having financial problems choose to file a petition in bankruptcy court. Bankruptcy attorneys get numerous calls and inquiries on such, particularly on related pros and cons. The fact that rebuilding credit after bankruptcy can be difficult is indeed a down-side for some, but the bankruptcy filing in [...]
Rebuilding Credit and Improving Your Credit Score After Bankruptcy
Not everyone understands how important it is to improve your credit score. That is until they find themselves in circumstances where credit score is extremely crucial. This could include proceeding with a credit card application, borrowing from a specific lender, or other instances where your credit history will determine [...]