The Bain Group - Bankruptcy
Consumer Bankruptcy at The Bain Group
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Bankruptcy Articles
What is Bankruptcy? Chapter 7 and Chapter 13 bankruptcy basics. Bankruptcy is a federal court process designed to help consumers and businesses eliminate their debts or repay them under the protection of the bankruptcy court. Bankruptcies can generally be described as "liquidations" or "reorganizations." Read More . . .
What Bankruptcy Can and Cannot Do Bankruptcy is a powerful tool for debtors, but some kinds of debts can't be wiped out in bankruptcy. Bankruptcy is good at wiping out credit card debt, but you may have trouble eliminating some other kinds of debts, including child support, alimony, most tax debts, student loans, and secured debts. Read more . . .
Should I File Bankruptcy Now or Wait? Timing a bankruptcy filing wisely can have a significant impact on your future. While you may have pressing reasons to consider filing for bankruptcy now, in some situations you may want to wait to file, even if you are eligible for Chapter 7 bankruptcy. Read more . . .
How Bankruptcy Can Help With Foreclosure Avoid or delay foreclosure of your home by seeking bankruptcy protection. If you are facing foreclosure and cannot work out a deal or other alternative with the lender, bankruptcy may help. Read more . . .
Chapter 7 Bankruptcy - Who Can File? The bankruptcy "means test" and other Chapter 7 eligibility rules. Filing for Chapter 7 bankruptcy can be a powerful tool for dealing with overwhelming debt. But it isn't available to everyone. There are several situations in which you won't be allowed to file Chapter 7 bankruptcy. Read more . . .
An Overview of Chapter 13 Bankruptcy The basic steps involved in a typical Chapter 13 bankruptcy case. Chapter 13 bankruptcy, sometimes called reorganization bankruptcy, is quite different from Chapter 7 bankruptcy. Read more . . .
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