By Administrator on Mar 30, 2007 in After Bankruptcy, Filing Bankruptcy | 1 Comment
Bankruptcy is one option to consider in order giving yourself a “fresh start,†when you have more debts than you have assets. There are in fact many types of bankruptcy provided under the law but the most common is Chapter 7 bankruptcy, which is also known as liquidation.
When filing under Chapter 7 bankruptcy, all your [...]
By Administrator on Nov 13, 2006 in After Bankruptcy, Filing Bankruptcy | 2 Comments
Personal bankruptcy? Kiss your dream job good bye…
For quite some time, it’s been standard for financial, gaming and government employees to have their credit reports checked by their employers. After all, we don’t want criminals working in the government (insert your favorite joke here).
But now, the “Credit Police” are infiltrating other industries as well.
And what [...]
By Administrator on Dec 10, 2005 in After Bankruptcy, Filing Bankruptcy, Money Management, New Bankruptcy Law | 0 Comments
Under the new bankruptcy law, one can only file Chapter 7 bankruptcy once every 8 years.