What is the Bankruptcy Means Test?

In the year 2005, the US Bankruptcy Code was reformed as a result of the Bankruptcy Abuse Prevention and Consumer Protection Act. This act...

Difference Between Chapter 7 and Chapter 13 Bankruptcy

In the modern scenario, we can find many people trapped in a huge pile of debt. The reason lies in the easy accessibility of...

Alternatives to Bankruptcy

Bankruptcy is a legal proceeding which is the result of the debtor's inability to repay his creditors. Its proceedings are structured to help a...

Bankruptcy Public Records Explained

Bankruptcy proceedings are initiated by creditors, or by a debtor, when the latter is unable to discharge his debt. The debtor can be an...

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