Bankruptcy

pros and cons of filing bankruptcy advantages and disadvantages chapter 7

What are some potential positive outcomes of filing for bankruptcy?

Many debtors are surprised when they learn it is possible to actually have a higher credit score within one year after the completion of a Chapter 7 bankruptcy (than if they had not filed). Although bankruptcy case be perceived to be a negative reflection on your credit, it is not the only factor creditors use …

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does filing bankruptcy stop a lawsuit

What happens to a credit card lawsuit if I file bankruptcy?

You may be considering filing for bankruptcy if you were served with a credit card lawsuit. If so, you definitely want to know what happens to a credit card lawsuit if I file bankruptcy? The Automatic Stay Immediately after filing bankruptcy the Federal Automatic Stay is invoked (unless you aren’t eligible for it due to …

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