Bankruptcy News - Personal bankruptcy information provides an overview to bankrutpcy law.
News, statistics, directories of professionals, and information on filing for bankruptcy.

Bankruptcy News - Personal bankruptcy information provides an overview to bankrutpcy law.

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124 types of bankruptcy

Moving?While in a chapter 13 we know that people move. Many reasons why they move are because they have surrendered their home through their bankruptcy and it is now time for them to rent or lease a new place to live. Others may already be renting and may move because their lease or […]

Can I purchase home while in Chapter 13 Bankruptcy?You can purchase a home while in active Chapter 13 bankruptcy. As with any debt/loan you attempt to incur while in bankruptcy you must file a motion to borrow/incur with the court and provide sales contract for home. The Chapter 13 Trustee has guidelines that are followed to ensure that each debtor is treated fairly. […]


Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their creditors. A declared state of bankruptcy can be requested by creditors in an effort to recoup a portion of what they are owed; however, in the overwhelming majority of cases, the bankruptcy is initiated by the bankrupt individual or organization.

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