Rebuild your Credit Rating after Bankruptcy

Although you may want to avoid credit after bankruptcy, this is actually not the best thing to do. Some items are very difficult, if not impossible, to buy without credit. For instance, do you have enough money to buy a brand new house without credit? Can you even afford to buy a new car without credit? If not, you may have to rely on credit to make these or other large purchases at some point in your life. And, if you want to secure credit after bankruptcy you must first rebuild your credit rating. 3 Simple Steps you Can Take …

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Is your Small Business in Financial Trouble?

If you’re considering declaring bankruptcy, we realize this is not an easy decision for you to make. However, you are not alone in making that decision. If you’re like many other business owners (small and large), staying on top of your business debts and keeping your doors open has proven to be a struggle in this economy. If your business is in financial trouble and you’re considering bankruptcy a viable debt relief option, you may want to check out the information we’ve compiled in the Small Business Bankruptcy section of our website. If you’d like to schedule a free, no-obligation consultation …

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Filing for Chapter 7 Bankruptcy?

Chapter 7 bankruptcy (aka straight bankruptcy) is typically the best option for consumers with little or no income and assets, or whose income will not cover their necessary living expenses or their debt. In order to determine whether you can file for chapter 7 bankruptcy you must first undergo a bankruptcy means test. This test will begin by determining your median income compared to the median income for a similarly-sized family in your state. Your regular income, disposable income and unsecured debt are all taken into consideration when determining whether or not you pass the means test. If your income …

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