Archive for January, 2008
Exempt Assets For Bankruptcy
Thursday, January 31st, 2008Many people assume that filing for bankruptcy will lead to them losing all their assets. This includes their home and car. It could even extend to all their personal belongings like furniture and clothing. This is not strictly true depending on the type of bankruptcy that you file for. Indeed, filing for bankruptcy is a […]
Are Unsecured Credit Cards Available After Bankruptcy ?
Tuesday, January 22nd, 2008Filing for bankruptcy should really be seen as a last resort, however for many people it is an option that they have to take to get their financial affairs back into order. And whilst a person declaring bankruptcy might be viewed less harshly today than in previous times, financial institutions still take a dim view […]
Mortgage Refinancing After Bankruptcy – Not As Painful As You Might Think
Sunday, January 13th, 2008You may think that there is little chance of getting any form of mortgage refinancing after bankruptcy but surprisingly this is not the case. Within around 6 months of the bankruptcy process completing you will find that many banks and institutions will be willing to offer you some form of loan refinancing, despite the fact […]
Advantages of Bankruptcy
Friday, January 4th, 2008The major advantages of bankruptcy are relief from debt. In most cases people filing for bankruptcy are in an impossible position to service this debt because they have mismanaged their finances or simply had bad luck. By filing bankruptcy they can start again with a clean slate. Hopefully they will have learned from the mistakes […]
