The Online Bankruptcy Blog

Most people go through the process of filing for bankruptcy because they reach a point where they cannot cope with the mountain of debt before them. The problem is often caused by unemployment of either one or both breadwinners in a family and the prospects of future employment in the short term are remote. For [...]

There is more to applying for Bankruptcy than just filling in the forms.  Individuals must undertake credit counseling from an approved credit counseling agency during the 180 day period prior to filing their petition. The counseling may be in either a group or individual setting and if a debt management plan is developed it must [...]