Published articles, messages, chats about bankruptcyhttp://www.lawyers.comhttp://editorial.lawyers.com/common/image/favicon.icohttp://www.lawyers.com1616Bankruptcy is a proceeding in which a court administers the estate of a debtor for the benefit of creditors. Individuals or businesses may file for bankruptcy. A debtor may choose to file a bankruptcy proceeding to resolve a hopeless financial situation or to allow for financial reorganization.http://bankruptcy.lawyers.com/Bankruptcy-Basics.html?method=rssAre you considering a divorce? Do you and your spouse have a lot debt, like credit card bills? If so, you (and your spouse) might be thinking about filing a bankruptcy petition. If so, you need to know some things about how bankruptcy and divorce proceedings relate to each other and your finances.http://bankruptcy.lawyers.com/Bankruptcy-During-Divorce.html?method=rssChoosing assistance from a credit repair company will only worsen your financial situation by wasting your time and putting you further behind on your debts. Neither you nor a credit repair company has the right to remove accurate, current information from a credit report.http://bankruptcy.lawyers.com/Avoiding-Credit-Repair-Scams.html?method=rssA debtor considering filing for bankruptcy must first weigh its advantages and disadvantages. If the debtor is in danger of sustaining tangible losses and a bankruptcy can save the debtor, then bankruptcy is the preferred choice. But, there are also valid reasons for not going through with it.http://bankruptcy.lawyers.com/To-File-for-Bankruptcy-or-Not-Factors-to-Consider.html?method=rssI'm a senior citizen and own my home jointly with my daughter. She is facing bankruptcy, how will that affect our home?Wed, 24 Sep 2008 12:00:00 ESThttp://bankruptcy.lawyers.com/ask-a-lawyer/Joint-Owners-In-Bankruptcy-7311.html?method=rssI owe about $60,000 and I only make about $2300/month net. I started to default on my credit card payments and have consulted a credit counselor. Does this disqualify me from filing Chapter 7 since I need to go through credit counseling for at least 180 days?Wed, 17 Sep 2008 12:00:00 ESThttp://bankruptcy.lawyers.com/ask-a-lawyer/Credit-Counseling-Requirement-7301.html?method=rssI filed Chapter 13 bankruptcy a year and a half ago and have been current on my payments; my vehicle was financed through a bank and is not part of the bankruptcy. I fell behind my car payments (2 months) but am trying to get current. I've received in the mail a motion for relief from stay. What do I need to do? How can the bank do this if it is not part of my bankruptcy?Wed, 10 Sep 2008 12:00:00 ESThttp://bankruptcy.lawyers.com/ask-a-lawyer/Car-Payments-In-Chapter-13-7295.html?method=rssI am a partner in a small concrete business. We have closed the doors due to lack of new business. I have several credit cards in my name along with the company name on them. Can I file bankruptcy for these credit cards and not have it affect my personal credit?Wed, 03 Sep 2008 12:00:00 ESThttp://bankruptcy.lawyers.com/ask-a-lawyer/Business-Credit-Cards-And-Personal-Credit-7288.html?method=rssThrough reading on this site I see that I can only have $12,500 in equity in my home in filing a chapter 7 bankruptcy. Is this true even if I do not include my house loan in the bankruptcy? I suffered a couple of tough blows and I need to file on $40,000 in credit card debt. I would want to continue to make my house payments as scheduled, and keep my home.Wed, 27 Aug 2008 12:00:00 ESThttp://bankruptcy.lawyers.com/ask-a-lawyer/Home-Loans-In-Bankruptcy-7282.html?method=rss