The fact that you will be seen as a credit risk by most lending institutions immediately after you have been declared bankrupt does not automatically mean that you will never be able to buy a house. The risk in home loans is rather low for lenders than loans that are not secured loans, such as […]

A personal bankruptcy constitutes a legal process which provides the legal right to a debtor to not have to pay a part or the whole of the amount of money they owe a creditor. The current bankruptcy code was formally enacted in the US in 1978 and amendments were made to it in 2005. The […]