Good Reasons to File Bankruptcy?

Answer Being in debt can quickly become a seemingly hopeless situation, especially if you suddenly find yourself unemployed or unable to work due to illness. There are a number of options for dealing with... Read More »

Top Q&A For: Good Reasons to File Bankruptcy

What Are Some Reasons Not to File for Personal Bankruptcy?

People who feel overloaded with debt often consider filing for personal bankruptcy in order to get a fresh start, especially if they think they have little hope of paying off their creditors. But i... Read More »

Good Reasons for Bankruptcy?

People have numerous reasons for creating debt problems leading to bankruptcy. Many of the causes seem out of the control of the person in debt, while other reasons are simply mismanagement of mone... Read More »

Reasons a Bankruptcy Might Not Close?

Most people who file for Chapter 7 debt relief or Chapter 13 debt restructuring have their debts "discharged" without incident, according to the book "How to File for Chapter 7 Bankruptcy." But som... Read More »

Legitimate Reasons for Bankruptcy?

The federal government offers help to its citizens who are experiencing financial troubles. The U.S. Bankruptcy Code has bankruptcy options for individual debtors hoping for a fresh financial start... Read More »