Author: Mike Shovan

The “New” Bankruptcy law from 2005 establishes a median income to determine whether you can file a Chapter 7 or whether you have to consider filing

Bankruptcy is a planning process which requires the disclosure of any and all documents and other information relating to your financial situation. Here is a

1.       Divorce. Divorce has a devastating impact on most people. It is one of the factors that led to my own bankruptcy. In my case,

I get this question a lot. My answer is that most people in your day to day life won’t know that you filed for bankruptcy

1.         No health insurance or inadequate health insurance coverage. Medical and doctor bills are a huge factor in most bankruptcies. 2.         Dependence on credit cards

In real simple terms – how about telling them the truth? Job loss, cut backs, health problems, divorce, overspending, not budgeting – the list goes