Filing for Chapter 7 and Chapter 13 can be a complex process, especially without legal counsel and guidance from an experienced bankruptcy attorney. One necessary hoop that you need to jump through before concluding your bankruptcy case is the 341 meeting of creditors. If you have never filed for bankruptcy before, the possibility of meeting … Continue reading What is the 341 Meeting of Creditors?
Monthly Archives: May 2023
What is a Good APR for a Credit Card?
Oftentimes, credit card interest rates can make or break a person’s financial situation. The reason why so many people get stuck in an endless cycle of credit card debt is because of the high interest rates on all of their credit card accounts. This may leave you wondering: what is a good APR for a … Continue reading What is a Good APR for a Credit Card?
Chapter 7 and Chapter 13 Bankruptcy Tax Refund
The tax refund on the income you earned prior to filing bankruptcy is part of your bankruptcy estate. For example, let’s say you filed for bankruptcy in February 2022. When you receive your tax refund that May, it’s for 2021, so that refund is part of the estate. Your bankruptcy trustee will ask you questions … Continue reading Chapter 7 and Chapter 13 Bankruptcy Tax Refund
How Soon Will My Credit Score Improve After Bankruptcy?
Facing bankruptcy is terrifying for most people. They may have several questions running through their minds, like: will bankruptcy really wipe out all my existing debt? Will bankruptcy have a negative impact on my credit, and if so, how soon will my credit score improve after bankruptcy? The truth is that bankruptcy can definitely tank … Continue reading How Soon Will My Credit Score Improve After Bankruptcy?