Benefits of a Debt-Management Plan

For about 25 percent of those who turn to credit counselors, more than advice is prescribed. In these cases, in addition to an action plan, a debt-management plan is recommended. A debt-management plan (sometimes called a debt-repayment plan) involves the agency as an intermediary (for a small monthly fee it handles both communications and payments on your behalf) and it includes revised payments that...

Bankruptcy vs. Credit Counseling: What Should I Do?

Credit Counseling and bankruptcy are both ways to relieve the stress of debt. However, they are very different and it is important to understand both before making a decision as to which is best for you.

Avoid Bankruptcy

Avoid Bankruptcy by following the simple and wise steps.

What You Should Know About Bankruptcy

Filing bankruptcy is not only a last resort legal action; it is also a very complicated legal action that definitely needs the expertise of a lawyer. When thinking about bankruptcy, you first need to decide if bankruptcy is right for you. If it is, then you need the help of an attorney to decide which type of bankruptcy is required for your particular situation.

Bankruptcy Law Now Tougher - More Expensive

Thinking about filing for bankruptcy? This article explains how bankruptcy laws have changed and the effect these changes have on you ...

Bankruptcy Chapters Explained

This article provides a clear explaination of the major types of bankruptcy. Find out which bankruptcy chapter is right for you.

New Bankruptcy Law - Five Essential Things to Know

Sweeping new bankruptcy legislation is set to take effect in 60 days. Here are five things every debtor should know about the new law.

Bankruptcy and The Small Business Owner

What effect will the new bankruptcy law have on the small business owner?

Bankruptcy Credit Counseling Under The New Bankruptcy Law

Bankruptcy credit counseling is a requirement of the new bankruptcy law effective October 17, 2005. The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 requires court approved bankruptcy credit counseling to be completed by debtors prior to filing for bankruptcy within the 180 days immediately preceding the filing of a bankruptcy petition.

IVA - An Alternative to Bankruptcy

An IVA should be considered as an alternative to bankruptcy in the UK if you are insolvent. Despite the impression given by media portrayal of recent changes to bankruptcy law, it remains a devastating process. Insolvency will always be painful but an IVA is private and is intended to ease that pain for you and your creditors.

Five Steps on How to Find and Choose A Bankruptcy Attorney

If you are like many men and women in the 21st century, you may have found yourself literally drowning in debt. As a result, you may have made the touch decision to file for bankruptcy. In this regard...

Bankruptcy - The Last Resort for Credit Repair

If you have no other options and your credit is ruined, bankruptcy may be the only way you can salvage your credit in the long run. Find out why this may not be a good idea for your credit here.

New Bankruptcy Laws Make Filing for Bankruptcy a Complicated Affair

Thanks to the new bankruptcy law that went into effect on Oct. 17, filing for bankruptcy has never been more complicated. The ins and outs of the new law are discussed here.