Bankruptcy Law

The Basics of Chapter 11 Bankruptcy

When a company chooses to declare bankruptcy in order to receive protection from the Federal Government, it can choose to file the declaration under chapter 7 of the Bankruptcy code which means all of its…


Answering the Question about Bankruptcy in Student Loans

In the past, people who could not afford to pay off their student loans were able to file for bankruptcy. However, many people abused student loan bankruptcy, leading the government to make amendments to the…


Common Bankruptcy Questions and Answers

Although bankruptcy is seemingly quite common in the world today, there are still many people who understand very little about the way that the whole process works. A lot of bankruptcy questions still proliferate on…


Advantages and Disadvantages of the Chapter 7 Bankruptcy Law

As early as now, you must understand that going for a bankruptcy claim is not as easy as counting from one to three. Do not go for it just because it is your first recourse.…


Bankruptcy Law: Know it and be Guided

Being declared as bankrupt is not something that many people wish to become. This is not a thing to be proud of. Most individuals even arrive at the point of denying their real financial status…