Category Archives: credit card bankruptcy

Dischargeable Debts & Bankruptcy

Dischargeable Debts Dischargeable debts are those debts that can be discharged through bankruptcy proceedings. A debtor is no longer personally liable to pay for dischargeable debts after the bankruptcy proceedings are concluded. The following debts are dischargeable: * back rent * utility bills * some court judgments * most credit and charge card bills * … Continue reading

Credit Card Bankruptcy – Why You Should Not File Bankruptcy for Credit Card Debt

Recession all around the world has left people in a helpless situation. Previously, they were living luxurious lives due to their lucrative salaries. But as soon as the recession hit the world, people were laid off from their jobs and had loss in their businesses too. This situation led them to make use of their … Continue reading