Bankruptcy, Is It A Way Out Negotiations with creditors have failed. Repossession is imminent and foreclosure proceedings have begun. Your income is simply not sufficient to pay your bills, no matter how low the payments are. It may be time to consider bankruptcy. Bankruptcy law evolved as a reaction to the abuses surrounding debtors prison. Before the nineteenth century a prison system existed for those who didn't pay their bills. If a merchant filed a claim, the debtor was incarcerated until his ...

Bad Credit Auto Loans - Buying a Car After a Bankruptcy Chapter 7 Or Chapter 13 Discharge You can get a car loan after your bankruptcy discharge. Whether it was a Chapter 7 or a Chapter 13 filing, there are places that you can apply for a loan to buy a car and get approved through easily. You probably know though, it's not going to happen just anywhere that you go. Usually car dealerships have a few lenders that they send ...