Bankruptcy Articles

Bankruptcy & Your Credit Score

Learn how bankruptcy affects your credit and what steps to take to repair your credit after your bankruptcy discharges. Make sure that you...

Chapter 7 Bankruptcy

To qualify for Chapter 7, the debtor may be an individual, a partnership, or a corporation or other business entity. Learn more about Chapter 7 Bankruptcy and w

Chapter 13 Bankruptcy

Chapter 13 bankruptcy enables individuals with regular income to develop a plan to repay all or part of their debts over 3 to 5 years.

Bankruptcy Laws

Chapter 7, Chapter 11, and Chapter 7 are the three types of bankruptcy available to consumers and owners of small businesses.

Bankruptcy Questions & Answers

Bankruptcy | The following are 19 common bankruptcy questions that readers have asked Bills.com. We include our answers and links to more discussion.

Bankruptcy & Charge Off

Learn more about Bankruptcy and Credit Card Charge Offs, Bills.com has your answers.

Dismissed & Discharged Bankruptcy

In many cases, a consumer can re-file a previously dismissed bankruptcy once he or she has corrected the problems which led to the initial case being dismissed.

2005 Bankruptcy Changes

The bankruptcy reform act wants consumers to educate themselves and ideally find a repayment method outside of the bankruptcy system to repay their debts.

Bankruptcy & Mortgages

Bankruptcy and Mortgage | Whether a bankruptcy filing can stop foreclosure action on your home depends on several factors, including the type of bankruptcy, ...

Filing Bankruptcy

Learn about filing bankruptcy, what's involved, and what you should do if you've found yourself in this situation. Before you file, be sure that you...

New Debt While in Chapter 13

Incurring New Debt in Ch 13 Bankruptcy | While in a Chapter 13 bankruptcy plan, you are strictly prohibited from incurring new debt without receiving prior...

Bankruptcy

Bankruptcy | Bankruptcy is an option of last resort, but it can be a very effective way to eliminate debts, if you qualify. Review the ways that you can...

Personal Bankruptcy

Bankruptcy is one of the most damaging things that can appear on your credit report. However, its effects can be reversed by taking positive steps to soften the

Drop in Income During Chapter 13

Information on available recourses if you are experiencing a drop in income during a Chapter 13 bankruptcy filing. Bills.com has more free resources to help yo

Means Test for Bankruptcy

It can be hard to qualify for a Chapter 7 bankruptcy. Review the means test for bankruptcy as well as the median income requirements

Credit Report After Chapter 7

Credit reports are notoriously inaccurate, so it is important to review your credit profile regularly to verify all of the information being reported by credito

Debt Consolidation After Bankruptcy

Debt consolidation is possible, even after a bankruptcy. If you built up debt, after a bankruptcy, look at all of your debt consolidation options. Begin by...

Avoid Bankruptcy

Avoid bankruptcy with these tips from Bills.com. You may be able to get out of debt without filing bankruptcy, if you find the right way to...

Student Loan Bankruptcy

Student loans are difficult to discharge in bankruptcy. If you can't use bankruptcy to resolve your student loans, look at your other options, including...

Utility Charges After Foreclosure

Generally, a consumer who is forced to leave his or her home will contact the utility companies to have utility services such as electricity, gas, and water dis

Bankruptcy Protection

Advice you need on bankruptcy protection, and how bankruptcy can help delay foreclosure.

Canada Bankruptcy

I could find no laws concerning a requirement for a private person to be residing in Canada as a condition of filing bankruptcy.

Bankruptcy Alternatives

Staggered by debt but want to avoid bankruptcy? You have 4 alternatives, but like bankruptcy, each has positives & negatives. Learn the options to filing...

File Bankruptcy With No Money

You can file bankruptcy with no money, and even have bankruptcy filing fees waived if you have little or no income. Learn how to file bankruptcy at no cost by..

Bankruptcy and Second Mortgage

If I file bankruptcy will that eliminate my second mortgage balance?

Reopening a Chapter 7

I filed Chapter 7 two years ago and kept my home, but now I can't afford it. Can I reopen my bankruptcy case and add a mortgage?

Mortgage After Bankruptcy

You can qualify for a mortgage after bankruptcy as early as 12 months after the discharge. Learn the FHA and VA's rules for bankruptcy...

Lexington Law Firm & Bankruptcy

Lexington Law Firm cannot promise it will remove a bankruptcy from your credit report, but it can say it will try. If you actually filed for BK, don't expect...

Bankruptcy & Debt Settlement

Learn the advantages and disadvantages of bankruptcy & debt settlement for resolving debt. A chapter 7 bankruptcy is fast, but you may not qualify. Debt...

Bankruptcy Divorce and Underwater Home

Your ex-spouse filing for bankruptcy can affect you, if you left your ex on the title to the home. Review how bankruptcy and divorce can affect you, when your h

Discharge and HELOC

Bankruptcy Discharge and HELOC | Ask an attorney what to do about the HELOC and see if it can be discharged in your bankruptcy. If you chose to do a lump-sum...

Bankruptcy, Reaffirmation, & Short Sale

If a debtor never reaffirmed a mortgage, then he or she has no personal liability for the mortgage. Therefore, a short sale is unnecessary to avoid liability fo

Foreclosure and Bankruptcy

Foreclosure and Chapter 7 Bankruptcy | Look for alternatives to foreclosure, such as a deed in lieu of foreclosure. Before looking to bankruptcy, consult with..

Chapter 7 & Repossession

Filing for bankruptcy protection creates an 'automatic stay' that prevents creditors from proceeding with any collection action on debts owed by the bankruptcy

Bankruptcy & Joint Accounts

If you visit an attorney with your mother, do not be surprised if the attorney stops the first meeting at the halfway point and recommends that one of you seek

Chapter 7 vs. Debt Consolidation

Are you looking to avoid bankruptcy with a debt consolidation loan? Let Bills.com solve your debt consolidation questions so that you can save and avoid bankru

Chapter 7 & Mortgage Debt

Most debts owed to federal, state, or municipal agencies can be discharged under the provisions of the U.S. Bankruptcy Code.

Tax Debt & Chapter 7

Free tips on IRS and state tax debts and filing for bankruptcy. Some IRS tax debts are eligible for including in a bankruptcy. Learn more at bills.com