If you are struggling with debt and looking for a way to repay your creditors without losing your assets, you may want to consider filing for Chapter 13 bankruptcy. Chapter 13 bankruptcy is a type of bankruptcy that allows you to reorganize your debts and pay them off...
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Bankruptcy
Signs that you should consider bankruptcy
Financial hardship can impact anyone. From catastrophic injury or illness to sudden job loss, even the most financially stable person can suddenly find themselves in serious money problems. Bankruptcy is more common than you might think. In fact, one out of every 55...
Can bankruptcy keep me from losing my home?
The threat of losing one’s home is one thing that can drive a King County household to consider filing for bankruptcy protection. Falling behind on one’s mortgage payments, and then facing the loss of one’s home to a forced sale, is a scary prospect. A Washington...
What do you need to know about Chapter 7 bankruptcy?
Many Washington residents have been going through some tough financial times over the last few years. We all know how hard the last few years were on businesses and individuals in certain industries, such as the service industry. As time went on, some were able to...
Bankruptcy exemptions can provide you with financial stability
Are you financially struggling and looking for a way to break free of the never-ending cycle of debt that you’ve fallen into? If so, you’re probably wondering if bankruptcy is right for you. The process can provide real debt relief, even giving you a fresh financial...
Considering the pros and cons of bankruptcy
Much stigma surrounds bankruptcy, making it difficult for some individuals to acknowledge and address their debts properly. To some degree, everyone has some form of debt; however, this debt is likely manageable and not significant. Nonetheless, one should not feel as...
Am I allowed to file for a bankruptcy while I am divorcing?
The federal bankruptcy laws do not prevent people from filing for a Chapter 7 or Chapter 13 bankruptcy in the middle of a divorce. However, there are many reasons why someone living in the Kent area or surrounding communities might not want to do that. It depends on a...
How does Chapter 7 bankruptcy differ from Chapter 13 bankruptcy?
If you are unexpectedly laid off and cannot earn your normal wages you may suddenly find it difficult if not impossible to pay your mortgage, car loan or even utilities. This eventually leads to scary calls from debt collectors demanding payment for arrears you simply...
How to rebuild your credit score after bankruptcy
Far too many people struggle with personal debt. Their pride drives them to try to find a way to climb back to financial stability, but too often these individuals only find themselves falling deeper into debt. Although bankruptcy can provide very real financial...
Can I get help with my student debt?
Over the past few years, there have been reports of those with student debt finding relief through the bankruptcy process. Indeed, just recently, a new case gave this relief to a 35-year-old man after a long bankruptcy battle. The recent court win The bankruptcy judge...