Bankruptcy should be the method of last resort for
solving your debt problems, but if you must go that way, here’s
what you need to know.
Since filing for bankruptcy will affect your life for probably
seven or 10 years, it’s not a move to be made lightly. This chapter
explains in detail what bankruptcy is, the most common types
(Chapter 7, Chapter 9, Chapter 11, Chapter 12 and Chapter 13), the
myths about filing for bankruptcy, what you can expect after you’ve
filed and, most important, how to recover from it.
What you can expect to learn from this
- What is bankruptcy?
Here’s an overview of bankruptcy from start to finish, including
new rules that went into effect in 2005.
5 most common
types of bankruptcy
This thumbnail view of the different types of bankruptcy explains
who can file under which type.
Are you a
candidate for bankruptcy?
Understanding the consequences of bankruptcy — financially,
emotionally and for your future — is essential before you consider
12 myths about
Think all your debts will be wiped out if you file? Read this
chapter to find out the truth about this and other
Life after bankruptcy
This step-by-step guide will tell you how your life will most
likely change after you’ve declared bankruptcy.
10 ways to
bounce back from bankruptcy
Declaring bankruptcy should be viewed as a beginning, not an end.
Here’s how to rebuild your financial life.