Thursday, July 9, 2015

Chapter 7 Bankruptcy Made Easy

<p><br />With 2012 now behind us and 2013 here, many people are looking at ways to get a fresh financial start in the New Year. For the millions of people that are buried in debt Chapter 7 Bankruptcy is a leading choice to make this happen. Chapter 7 Bankruptcy, or liquidation bankruptcy as it is sometimes referred to, is a quick way to eliminate unsecured debt.<br><b>File Bankruptcy and Take Control of Your Debts</b>:<br />Millions of Americans file bankruptcy each year, so why is it that many people still see bankruptcy as a failure? Corporations file bankruptcy as a way to restructure and reorganize coming out of bankruptcy leaner and stronger. This is perfectly acceptable but personal bankruptcy still carries a negative stigma for many.<br><b>Filing Bankruptcy, Payday Loans and the Post Office?</b>:<br />Over the last couple of years, many Americans have become buried under a mountain of debt. Most people want to avoid filing bankruptcy at all costs so they make minimum payments and kick the can down the road. At some point in time, it's inevitable that bankruptcy filing is just around the corner.<br><b>Keeping a Credit Card When Filing Bankruptcy</b>:<br />One reason that many people avoid filing bankruptcy at all costs is because of the fear of losing credit. Most Americans have become addicted to having plastic and feel they can't live without it. Many people go into the bankruptcy lawyer and ask the question, can I keep a credit card out of my bankruptcy filing?<br><b>Don't Be Embarrassed About Filing Bankruptcy</b>:<br />Even though the number has been declining, over the last five years many Americans have exercised their legal rights by filing bankruptcy. Just about everyone in the world knows about what happened to the economy in 2007. This time, it is not local to the US but the whole world.<br><b>Break the Chains of Debt by Filing Bankruptcy</b>:<br />Most Americans today are in some kind of rut. Whether it be addicted to television, the Internet, sports or even debt. Debt has become very addictive as many Americans continue to keep up with the Joneses.<br><b>Filing Chapter 7 Bankruptcy As a New Year's Resolution</b>:<br />Over the last couple years just about every American knows someone who had to file bankruptcy. In 2010 there were a record number of Americans filing bankruptcy like never seen before. Back in 2005, Congress changed the bankruptcy code to eliminate what they thought were serial bankruptcy filers.</p>