personal bankruptcy



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For the average person that is suffering through mounds of debt, filing for bankruptcy is the only apparent way out. It seems like the easiest way to handle the load. The fact of the matter is, when a person files for bankruptcy, they have announced to most creditors that they cannot afford to be leant any credit. A bankruptcy stays on your credit report actively for up to six months, but remains on your file forever. That means that you have permanently lowered your chances to buy a new home, or a new car, and many other purchases that require
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Lastest "personal bankruptcy" News:

Personal Bankruptcy Lawyers Forced to Reduce Rates as National Bankruptcy Filings Decline
CHICAGO, IL-- - Last year's 12 percent drop in bankruptcy filings may be good news to consumers, but for the lawyers who represent them it could mean a substantial blow to the budget.According to a recent ...
Wed, 01 Feb 2012 16:29:00 -0800

Sacramento developer Kolokotronis files for Chapter 7 bankruptcy
Sacramento developer Sotiris Kolokotronis filed for personal bankruptcy Friday following years of legal battles over a failed Elk Grove housing complex.
Fri, 03 Feb 2012 23:19:23 -0800

ECU trustee files for personal bankruptcy
East Carolina University Trustee Mark Tipton has filed for personal bankruptcy. The Triangle Business Journal reported on Tuesday that the Raleigh-based developer filed a Chapter 11 petition in U.S. Bankruptcy Court for the Eastern District of North Carolina on Monday.
Thu, 02 Feb 2012 00:53:51 -0800

Law grads go to court for bankruptcy protection
(Reuters) - When Diana Valle decided to intern at a bankruptcy firm during law school, she had no idea how useful the experience would prove - in her own case. Shortly before graduating from the University of Maryland School of Law, the 26-year-old Valle, burdened with 0,000 in student debt and with no immediate job prospects, filed for Chapter 7 personal bankruptcy protection. "I was really ...
Fri, 03 Feb 2012 07:25:45 -0800



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Filing bankruptcy is a common practice among the U.S. Over 2 million people file for bankruptcy every year. So many families today are swimming in debt, which is not surprising with the amount of credit that is being offered. If you pay your bills, you're given the opportunity to run up more bills. For young people, this is often too much responsibility to handle. Many people choose bankruptcy in order to gain a fresh start. However, bankruptcy leaves you with a bad record. This makes it harder to buy a house, a car, or any other big-ticket item soon after
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