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Bankruptcy Law

Bankruptcy is a legal process. This law protects the rights of creditors and insolvent debtors who cannot pay their debts. The term bankruptcy originated in Italy. They did trading from benches in town marketplaces. Creditors broke the branch of a merchant who failed to pay his debts.
In the US all bankruptcy cases are handled through federal courts. Congress passed bankruptcy laws in 1800 and in 1978 passed the reform act.
At the beginning of the twentieth century, the average of bankruptcies was fewer than 20000 per year. Which increase in 2021, including student loans, mortgages, and even credit cards, reached a whopping $14.64 trillion. We can’t just blame the overspending for this situation. According to statistics, over 30 million Americans have already filed for unemployment because of the COVID-19 global pandemic. Now it’s time to learn how to avoid bankruptcy and you can maintain a steady credit score.

Chapter 13 Bankruptcy
By Halt
February 23, 2023
Bankruptcy Law

Chapter 13 Bankruptcy: What Is It and How Does It Work

Chapter 13 bankruptcy is a legal process for individuals to restructure debt and repay creditors over a 3-5 year period. Read below.
Read more
bankruptcy-attorney charge
By Halt
January 10, 2023
Bankruptcy Law

How Much Does A Bankruptcy Attorney Charge For A Chapter 7 Filing?

Before filing for a chapter 7 bankruptcy it's essential to know how much a bankruptcy attorney charges. Read below to get a clear concept of it.
Read more
Bankruptcy Lawyer
By Halt
November 25, 2022
Bankruptcy Law

Ask Your Bankruptcy Lawyer These 4 Questions Before Hiring Them

Planning to hire a bankruptcy lawyer? Ask your bankruptcy lawyer these 4 mandatory questions before hiring them. Keep reading.
Read more
Bankruptcy Lawyer
By Halt
November 25, 2022
Bankruptcy Law

What to Expect From a Bankruptcy Lawyer

Filing for bankruptcy without hiring a lawyer can make the situation worsen. Read this article to know the role of a bankruptcy lawyer to handle your case.
Read more
Common bankruptcy mistakes
By Halt
September 25, 2022
Bankruptcy Law

5 Common Bankruptcy Mistakes and How to Avoid Them

Filing for bankruptcy properly requires knowing what can hinder your progress. Here are common bankruptcy mistakes and how to avoid them.
Read more
Bankruptcy Attorney
By Halt
June 16, 2022
Bankruptcy Law

4 Things to Look for When Choosing a Bankruptcy Attorney

Here are 4 crucial things to look for when you are choosing a bankruptcy attorney for your case. Read on to learn more about bankruptcy law.
Read more
Nash engineering company
By Halt
May 28, 2022
Bankruptcy Law

Nash Engineering Company Latest To Declare Asbestos-Related Bankruptcy

Nash Engineering Company is the latest company to declare asbestos-related bankruptcy. If you want to know more about their case, read on.
Read more
Chapter 13 Bankruptcy
By Halt
May 5, 2022
Bankruptcy Law

Is it Possible to Rebuild Your Credit When There is a Chapter 13 Bankruptcy?

Is it possible to rebuild your credit when there is a chapter 13 bankruptcy? The answer is yes Chapter 13 gives you an opportunity to clean the majority of debts.
Read more
Company Goes Bankrupt
By Halt
March 24, 2022
Bankruptcy Law

What to Do If a Company Goes Bankrupt and Owes Your Business Money?

Are you wondering what to do if a company goes bankrupt and owes your business money? This article will give you some pro tips on what to do in such situations.
Read more
Bankruptcy Lawyer
By Halt
March 5, 2022
Bankruptcy Law

Top 3 Reasons to Hire Bankruptcy Attorney

Bankruptcy lawyers can save you from tons of hassles. Here are the top 3 reasons to hire a bankruptcy lawyer. Read on to learn more.
Read more
Private trustee
By Halt
October 10, 2021
Bankruptcy Law

Is Using A Private Trustee In Bankruptcy A Good Idea?

Wondering if using a private trustee in bankruptcy is a good idea? Read on to get your answer and know more about private trustees.
Read more
Bankruptcy Attorney
By Halt
September 26, 2021
Bankruptcy Law

Debtor’s Guide To Hiring A Bankruptcy Attorney

A good bankruptcy attorney can help you to declare bankruptcy successfully. So, here's a guide that will help you in hiring a bankruptcy attorney. Read on.
Read more
Credit Score
By Halt
June 4, 2021
Bankruptcy Law

Explore Expert Tips To Avoid Bankruptcy For A Steady Credit Score

Wondering how to avoid bankruptcy for a steady credit score? Here are some expert tips that will help you settle your credit score. Read on.
Read more
Recovering from Bankruptcy
By Halt
May 27, 2021
Bankruptcy Law

Practical Ways Of Recovering From Bankruptcy

Dealing with bankruptcy cases is a tedious process. There are various ways for recovering from bankruptcy and getting back on track. Read on to know them.
Read more
Bankruptcy In The South
By Halt
March 31, 2021
Bankruptcy Law

Bankruptcy In The South: Are You At Risk And What Should You Do If You Are

Bankruptcy affects hundreds of thousands of people every year. Here are a few tips on what to do if you face bankruptcy in the south. Read on.
Read more
Business bankruptcy
By Halt
March 20, 2021
Bankruptcy Law

The Different Types Of Business Bankruptcy

There are multiple types of banruptcy. Here are the 3 main types of business bankruptcy and at what they mean for entities that couldn’t resist the market!
Read more

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