How Filing Bankruptcy Impacts Your Co-Signers
Posted on:
15 August 2018
You must consider a variety of factors when deciding to file for bankruptcy, and how your case affects your co-signers should be one of them. Here are two important things you must know about how your co-debtors will fare once you submit your bankruptcy petition to the court.
Only Chapter 13 Provides Protection
While it's true filing chapter 7 bankruptcy wipes out people's responsibility to pay most types of debt, that's only true for the petitioners (and their spouses if they're filing jointly).
[Read More]
Got Your Bankruptcy Discharge? What To Do Next
Posted on:
2 June 2018
If you've filed for bankruptcy and received your discharge paperwork, it doesn't mean you can live the high life now. It means you need to live more carefully than before, and a little more responsibly. After you've received your discharge it's time to put in some work with your finances and build up your credit. Read on for some tips on what to do after you've received a bankruptcy discharge.
[Read More]
Tell Your Creditors To "Stay"
Posted on:
25 March 2018
You know when you've had enough of the phone calls and letters from the people you owe money to, and when it's time to take action by filing for chapter 7 bankruptcy. You are at risk of losing your home, having your utilities shut off and being sued unless you take action.
Fortunately, a federal filing contains a handy and timely tool, the automatic stay. Read on to learn about the benefits of this feature of bankruptcy and how you can get some fast relief from your financial troubles.
[Read More]
Worried About Restaurant Fires? Purchase Safety Equipment With Equipment Financing
Posted on:
9 February 2018
You've purchased all of the equipment your restaurant needs and are ready to open up. However, you had a really close call with a potential fire on your opening day. As a result, you are looking for a way to buy safety equipment. Thankfully, equipment financing loans are a major help here.
Safety Equipment Is Surprisingly Important For A Restaurant
New restaurant owners may not have taken the time to purchase fire safety equipment.
[Read More]