Receiving a collection call is stressful. Even more stressful is when those calls persist. If you are struggling under insurmountable debt and are receiving ongoing collection calls, know that there is help available for you.
When filing a Chapter 13 bankruptcy, a debtor will not lose any property (including your home) to the bankruptcy trustee. The filing also does not affect a debtor’s mortgage.
One of the most beneficial parts of filing for bankruptcy, apart from actually receiving a discharge of debts, is an automatic stay.
Gawker Media recently filed for Chapter 11 bankruptcy protection as a result of being ordered to pay roughly $140 million to Hulk Hogan.
A federal bankruptcy court judge has given preliminary approval to a statement that details rapper 50 Cent’s assets of nearly $20 million.
If you are considering bankruptcy and are looking into the process, chances are there are a number of terms that you don’t know.
When you file for bankruptcy, an automatic stay is immediately put into effect. While an automatic stay can be helpful for debtors looking for relief, it’s important to know that there are some exceptions that will not be covered by the automatic stay.