An emergency bankruptcy filing is often chaotic. More important, it’s likely to fail.
Sometimes you get into a tight spot and are looking at an imminent foreclosure, repossession, eviction, execution sale, tax levy, or utility shut-off.
When I say imminent, I mean it’s going to happen in a matter of hours.

Written by: Robert DeMarco
United States Bankruptcy Laws – The Beginning

Written by: Robert DeMarco
United States Bankruptcy Laws – The Beginning

You can file for Chapter 13 bankruptcy, but if your Plan doesn’t do what it needs to do then your case will fail.
If you’re thinking about Chapter 13 bankruptcy, you’re probably looking to deal with some debts that can’t be handled in a Chapter 7 bankruptcy.

Written by: Robert DeMarco
Bankrupt Laws of England – Queens Anne’s Act
The frustration in England concerning bankrupts continued. In 1 Jac. I, c. 15 (1604), entitled “An Act for the Better Relief of the Creditors Against Such as Shall Become Bankrupt,” it is stated:

Written by: Robert DeMarco
Bankrupt Laws of England – Queens Anne’s Act
The frustration in England concerning bankrupts continued. In 1 Jac. I, c. 15 (1604), entitled “An Act for the Better Relief of the Creditors Against Such as Shall Become Bankrupt,” it is stated:

You can lose your bankruptcy discharge even after the case is over.
Once you go through bankruptcy and get your discharge, you’re looking at a future free of debt.
If you weren’t totally honest before and during your bankruptcy case, however, you may not be in the clear.

Written by: Robert DeMarco
Bankruptcy Laws of England – Elizabethan Era

Written by: Robert DeMarco
Bankruptcy Laws of England – Elizabethan Era

Written by: Robert DeMarco
Bankrupt Laws of England – The Middle Ages
Laws concerning the debtor and creditor relationship, however, began anew in the late Middle Ages. This societal shift, in the context of England, is explained below by the United States Supreme Court.