Despite the sinking feeling that your life is totally ruined by declaring bankruptcy, there is opportunity after a bankruptcy. You have to expect certain consequences when you declare bankruptcy, and one of them is a less than stellar credit rating.…
SEONewsWire.net
Search Engine Optimized News for Business
Tag: Iowa business bankruptcy lawyer
Credit Concerns When Filing for Bankruptcy
One of the biggest worries people have when they contemplate filing for bankruptcy is whether their credit rating will tank. It will, but you can recover. It is virtually inevitable that your credit rating will be affected by filing for…
Honesty is the Best Policy when Filing Bankruptcy
Do not lie your way through the bankruptcy process. If you get caught, you are in a messy situation. Do not think that bankruptcy laws only exist to protect the debtor. They do, but they were also designed to protect…
Old Bankruptcy Law Challenged by Ford Credit
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 forever changed the way courts handle repossessing a secured asset. Recently this new law was affirmed by the courts. Creditors have to have some guaranteed protection to ensure if someone…
Call A Qualified Bankruptcy Lawyer When Finances Get Out Of Control
Finances can get out of control for everyone; even the high rollers. Even if you make money hand over fist, or made money with ease at one time, this isn’t to say that sometimes things happen and finances just get…
Chapter 7 And Chapter 13 Are The Two Most Common Bankruptcy Filings
Did you know that federal bankruptcy laws are actually on your side if you need to declare bankruptcy? If you are in a bit of a pickle and are carrying an overwhelming debt load, high medical bills, serious credit card…
You Cannot Discharge Student Loans If You Declare Bankruptcy
While there are a great number of things you may discharge when you go through a bankruptcy, a student loan is not one of them. The bankruptcy process offers debtors in over their heads relief from a wide variety of…
A Bankruptcy Trustee Is Neither A Friend Nor An Enemy
Declaring bankruptcy is frightening for many people. They feel like they are alone and swimming in debt. This first thing to know about bankruptcy is that it can, and does, happen to others. You are not alone out there without…
Individuals And Corporations Are Not The Only Entities That Can Declare Bankruptcy
Did you know that even cities can declare bankruptcy? It is rare, but they can do it. Let’s say you’re a city and you are staring at more money going out to run the city than is coming in. If…
Filing Bankruptcy Does Not Mean Losing All Of Your Stuff
A lot of people have this idea in their heads that if they file for bankruptcy, they lose all of their stuff. That is not true. While filing for bankruptcy is not the easiest thing in the world for a…
Top