Secured or Unsecured? Why it Matters

In bankruptcy, not all debt is created equal. How a debt is treated in bankruptcy depends on various factors, primarily (1) the classification of the debt and (2) the chapter of the bankruptcy code under which the case is filed. The majority of debtors filing for bankruptcy file under Chapter 7 or Chapter 13. Within… Read More

What Is Bankruptcy, And Is It Right For You?

Although most people have heard of bankruptcy, many are unaware of what it actually means. In the simplest of terms, bankruptcy is a way for individuals and families to start fresh by relieving the burden of debt. There are different types of bankruptcies depending on the type of debtor and the type of debt, and… Read More