Month: October 2024

Is there a certain debt required for Chapter 7 bankruptcy?

On Behalf of Feinman Law Offices | Oct 29, 2024 | Chapter 7 Bankruptcy

If you are contemplating filing for Chapter 7 bankruptcy to alleviate your financial situation, you may wonder if you need a minimum amount of debt to qualify. Fortunately, no debt threshold applies for Chapter 7 bankruptcy. Bankruptcy is designed to give you a fresh...

What happens to your credit score after you file for bankruptcy?

On Behalf of Feinman Law Offices | Oct 14, 2024 | Bankruptcy

Bankruptcy allows people to relieve overwhelming credit card, medical and personal loan debt. This helps many families that struggle to afford basic necessities because they are focusing on paying off their financial obligations. However, this is one major drawback to...