Bankruptcy is a legal procedure which is meant to stop creditors' collection efforts and obtain a discharge or restructuring of debts. > read more...

Chapter 7 is for those who do not have enough income each month to pay their regular living expenses and their your consumer debt. It will eliminate most of your debt, including credit cards, medical bills, unsecured loans, repossession balances, and other unsecured debts. > read more...

Chapter 13 is a good option for those individuals that don't qualify for a Chapter 7 because of income or because they filed a Chapter 7 within the last eight years. A monthly payment is made to the Chapter 13 Trustee, who in turn pays the creditors. > read more...

When you can no longer pay your bills on time, When you cannot pay your bills and pay for living expenses, or even and unforeseeable event, like illness, injury, loss of employment, loss of a spouse or loved one. > read more...

People facing financial difficulties are reluctant to file for bankruptcy because they are afraid they will be branded as failures and as irresponsible by the public.

They do not realize that many people, including U.S. presidents and celebrities, have filed bankruptcies. Presidents such as below: click here to read more