Archive for the ‘Bankruptcy’ Category

Bankruptcy: balancing your assets and liabilities

People often fall short of money. This is when our liabilities become more than our assets. In our college days, we often manage our cash crunch by borrowing from our friends. However, life is not always about borrowing from friends. They stay but not as mentors in financial matters throughout your life. Bankruptcy is the [...]

Regaining Financial Stability after Filing Bankruptcy

Bankruptcy is not the end of everything rather bankruptcy laws attempts to give the debtor an opportunity to make a new beginning and improve upon his/her credit history.  A case of bankruptcy is initiated when an individual fails to return the loan amount owing to unavailability of any financial resource and therefore files a petition [...]