Bankruptcy is one of those illusive things that is often misunderstood and very hard to understand. There are a variety of myths that surround bankruptcy and the after affects that it can have on your life. When debt gets out of hand, it is important to understand what changes can …

Although federal bankruptcy law mainly regulates bankruptcies, the individual states can have specific guidelines for the process within their jurisdiction. States can typically choose to have their own rules that govern the types of exemptions that the debtor is allowed to keep after filing for a discharge of their debts. …

Bankruptcy is a scary word. Although bankruptcy provides debt relief, it also conjures up images of losing your home, no hope of rebuilding credit, and other unpleasant thoughts. Let’s address those concerns with an analogy. Do you remember going to see the doctor when you were a child for your …