The purpose of a bankruptcy filing is to get out of debt and allow the debtor (the person filing bankruptcy) to receive a fresh financial start. However, it does not necessarily mean that a debtor will need to start all over with no car and no house or other assets... Read more

Filing for Chapter 7 bankruptcy is an effective way to discharge much of your outstanding debt, provided you qualify. However, not all of your debts can be cleared through this process. The federal bankruptcy code clearly dictates the types of debt that cannot be discharged, and any debts which are... Read more