Tag Archives: Bankruptcy

Tracking My Credit Score After Bankruptcy

Have you been wondering what happens to your credit score after bankruptcy? Well, for some time before our bankruptcy, our scores (mine and my wife’s) were in the mid-600s. We both continued to get credit card offers until we were … Continue reading

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Filing Personal Bankruptcy – Can I? Should I?

Many people are hesitant to even think of filing bankruptcy because they are good, moral, upstanding, hard-working people. They have always paid their bills. And they aren’t the type to look for an easy way out. But bankruptcy is a legal and valid means to protect your property in time of financial distress. Continue reading

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Online Means Test Calculator

Before filing for bankruptcy, you need to calculate income, expense, etc. in the “means test”. If you pass, you may file for Chapter 7, which is more desirable for most than Chapter 13. Here are links to on-line calculators to use to determine if you qualify. Continue reading

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Chapter 7 Discharge is Granted!

Just received a letter, dated from last week, very brief. It just says: It appearing that the debtor is entitled to a discharge. IT IS ORDERED: The debtor is granted a discharge under section 727 of title 11, United States … Continue reading

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What is Bankruptcy (Part 1)?

Bankruptcy is a legal term for declaring your inability or impairment to pay your creditors. It is apparently an ancient condition, and depending on the culture of each place and time, bankruptcy could place you into slavery to your creditor … Continue reading

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