Most bankruptcies filed in the United States are filed under Chapter 7 of the Bankruptcy Code. The advantage of a Chapter 7 bankruptcy is that is gives you the opportunity to completely start over in your financial life.

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When you file for bankruptcy you will be assigned a trustee who will help you divide your debts into priority and non-priority debts. But what are these exactly?

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Dillard’s has filed a motion seeking to have the Highland Mall owner’s bankruptcy case dismissed or converted from a Chapter 11 reorganization to a Chapter 7 liquidation.

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Bankruptcy happens when a person or a business is unable to repay their existing debts. The process starts once the debtor or creditor filed a petition. In other times, bankruptcy allows a person or a business to start fresh.

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Filing for bankruptcy is not only the solution. Truth is; it’s not yet too late if you are aware of these three alternatives which anyone can use to solve credit card problems.

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There is no need to immediately get upset if your credit history is bad. This problem has a solution and you can always find a way to qualify for a loan and with good terms and rates.

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The new owner of the Amelia Island Plantation may be decided among three bidders during an auction scheduled for August.

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