What Are Junk Debt Buyers?

The practice of buying “junk debts”—debts that are significantly delinquent and have been given up on by the original creditors—and then attempting to collect on them has grown into a thriving industry worth billions of dollars.

When Can I File for Bankruptcy Again?

Maybe you filed for bankruptcy once and felt the relief of finally being able to get your life back: your credit card bills were gone, you were able to get back on track with your mortgage payments and, with some luck, you were able to hold onto most of those things that were important to you.

What is Bankruptcy Fraud?

Filing for bankruptcy is seldom an easy decision, but sometimes it is the only way out of what may be an insurmountable debt. If it is the right path for you, you will have to list all your assets and property, including anything you may have transferred to somebody else, including relatives, within a specified period of time.

Unsecured vs. Secured Debts

Debt is a fact of life for nearly everyone. In fact, having some debt helps establish and improve your credit rating when you make regular, on-time payments. Debts fall into two categories: secured debt and unsecured debt.