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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130 What Bankruptcy Really Means for Your Financial Future

Can we convert our case?I met with a client a couple days ago because she wanted to convert her case to a Chapter 7. The stay was lifted on her house and they no longer had anything to pay through the bankruptcy. Before the appointment was set, my paralegal asked them if they had a change in […]

How Long Does it Take to Recover from Personal BankruptcyThe more time you have after your bankruptcy is discharged the more opportunities you’ll have to get credit.


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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