When it comes to costs associated with divorce, people pay a lot of attention to post-divorce expenses. For example, many worry about alimony or child support payments. However, the reality is that the divorce process itself may cost tens of thousands of dollars,...
Chapter 12 bankruptcy: The basics
In 1986, Congress enacted Chapter 12 bankruptcy in response to the poor economic conditions of family farmers and family fishermen. The bankruptcy addresses the challenges these families face, such as the unpredictable cost of land, weather and commodity prices. The...
Will I lose my home by filing Chapter 7?
Depending on your financial situation, filing a Chapter 7 bankruptcy may help you get back on your feet financially. However, many people worry about potentially losing their home or other vital assets through the process of a liquidation bankruptcy. However, while it...
