Debts can pile up out of nowhere and become insurmountable before you have time to count your finances. Sometimes the only ...
In a major, potentially precedent setting move, the City of Detroit filed for Bankruptcy protection under Chapter 9 of the ...
A common preceding cause of a bankruptcy filing is a car repossession. On a basic level, a car loan is a secured debt. This means ...
Section 109 of the bankruptcy code delineates who may or may not be a debtor. In detail, this section provides that a person may ...
Although most people assume that the bankruptcy process begins when they file their petition with the court, it is important to ...
As of 2005, pre-bankruptcy credit counseling is a mandatory requirement when filing for bankruptcy in Illinois. This means that ...