Bankruptcy Information
In this section you will find all information you may need regarding bankruptcy.
Federal Law and every state allow you to keep your property up to a specific value. In other words, up to a particular amount, your property is exempted. The laws that allow you to keep your assets are called exemption laws. You can read about exemption laws in more detail here.
Looking to learn the basics about how bankruptcy can relieve your debt? This page is your home base for resources to help you get your fresh start.
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hapter 7 vs. Chapter 13 Bankruptcy Protection
Written By Attorney Hooman Khoshnood
Uploaded August 30th 2022
Generally, Chapter 7 bankruptcy is used to eliminate unsecured debt, whereas Chapter 13 bankruptcy is used to protect property from foreclosures and repossessions. Chapter 13 is also suitable for households with high incomes.
Learn More →Filing for Bankruptcy
Written By Attorney Hooman Khoshnood
Uploaded August 10th 2022
When you're hit by a sudden financial shock and need a fresh start, you naturally ask — can I file for Chapter 7 bankruptcy online? In this article, we’ll explain the different options for filing for bankruptcy online and the pros and cons of each.
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