2022

How to Handle Bills Before and During Bankruptcy

If you are thinking about declaring chapter 7 bankruptcy, you probably know all too well how troublesome bill collectors can be. Once you fall behind, they can contact you constantly and harass you endlessly. Read on and find out more about handling bill collectors and your bills before and after you file. Before you File You can’t prevent bill collectors from contacting you until you have filed for bankruptcy. You can tell them that you have a lawyer and that you are about to file, however.…

Chapter 7 Bankruptcy Exemptions Explained

Exemptions can be one of those bankruptcy issues that seem confusing to many filers. One reason for the complexity is that no standard guidelines exist across the states. Your state has its own way of dealing with exemptions even though bankruptcy is a federal affair. To help lessen the confusion, read below for a simple guide to bankruptcy exemptions. Why Filers May Need Exemptions Chapter 7 has both good and not-so-good sides to it.…