The Bankruptcy Courses: Credit Counseling and Debtor Education
In most bankruptcy cases, the main purpose of filing is to obtain a discharge. The bankruptcy discharge is essentially a legal injunction against the enforcement or collection of debts. To obtain your bankruptcy discharge, you must complete two separate courses: credit counseling and debtor education. Via different providers, you can take these courses either online […]
File a Chapter 7 Bankruptcy: A Step-by-Step Guide
You may be aware that bankruptcy involves a complex set of laws and procedures specific to each individual jurisdiction. Filing for bankruptcy may seem daunting at first. If you are considering filing Chapter 7 bankruptcy in DC, Maryland or Virginia, read below for the ten steps of a successful Chapter 7 bankruptcy. The steps to […]
Alternatives to Bankruptcy
The decision to declare bankruptcy can be a difficult one. Bankruptcy is not a one-size-fits-all solution. Here are some of the alternatives to bankruptcy: Budgeting, Debt Consolidation, and Debt Settlement. Budgeting First, try to find a way to pay your bills on your own. Only then can you calculate how long it will take to […]