Bankruptcy: A Video Primer
Chapter 7 vs. Chapter 13
Who qualifies for Chapter 7 and who qualifies for Chapter 13. What are the differences between the Chapter 7 process and the Chapter 13 process.
Planning for the Bankruptcy Meeting
Making sure that the client’s assets and rights are protected, requires detailed planning.
Timetable for Chapter 7 Bankruptcies
Straightforward Chapter 7 bankruptcies are usually resolved in 90 days.
Bankruptcy’s Effect on Your Credit Score
After the discharge of bankruptcy (as little as 90 days for Chapter 7), banks and lenders are willing to make car loans to people who have gone through the process. And in as little as two years home financing options become available.
Bankruptcy and Foreclosure
Bankruptcy can be used as a tool to stop or delay the foreclosure process.
Stop the Foreclosure Process
Chapter 13 bankruptcy gives you the ability to stop the foreclosure process and gives you time to reset your financial situation.