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What You Need to Do to File for Bankruptcy

For many people in debt, it can feel like they have nowhere left to turn. After amounting various debts, like late mortgage payments or mounting credit card debt, it can seem impossible to get out of that hole. One option is to declare bankruptcy. Despite many people filing for bankruptcy, the term and process still …

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What Happens If I Declare Bankruptcy

The simple answer to this question is that most or all of your debts are cleared when you declare bankruptcy. Of course, this also depends on the particular chapter that you file under. Regardless, bankruptcy is what happens when the debts you owe outweigh the amount of money you make in order to pay those …

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How Long Will A Bankruptcy Filing Stay On My Credit Report

It’s perhaps the most asked question by a debtor when they are considering filing for bankruptcy. An item on your credit score can be scary. How long does the filing stay on your report? Will you be able to borrow money after filing? How will you be able to rebuild your credit afterward? In this …

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What Is Bankruptcy

Bankruptcy. It’s a word that can be terrifying, especially when you aren’t familiar with the process, the chapters to file for, the potential consequences or if you don’t know any qualified lawyers. The lawyers at Cravens & Noll have years of experience dealing with bankruptcy cases and are here to make the process as seamless …

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Can I File Bankruptcy and Keep My Car and House

Bankruptcy can be a scary process when you do not know what property is at stake. When people file, one of their fears is that they will lose essential property such as their car or their house. Based on state bankruptcy exemptions, the equity value of your property, homestead protection laws, and what chapter you …

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