One of the most common misconceptions people have about bankruptcy is that they will be unable to file for bankruptcy if they cannot pass the means test. That is simply not true. Bankruptcy is ...
When an individual obtains a loan, takes out a mortgage on a house, acquires a credit card or purchases any item with deferred payments, he or she has a legal responsibility to the creditor to fulfill ...
Bankruptcy is often viewed as a last and final option for people who have found themselves struggling under what seems to be an overwhelming amount of debt. Bankruptcy is not necessarily the only debt ...
