Legal Advice and Services Blog

Question by Iron Man’s BFF: Generally speaking, what happens to someone who files for bankruptcy? What’s the difference between chapters 7 and 13? I know for a fact a person’s credit takes a major anal raping. This I know, but what else happens to them? Example: Let’s say a person is sued by a hospital [...]

Question by Magick: What would happen, hypothetically speaking, if the US declared bankruptcy because of the deficit? I know this is opening up to all kinds of political flame wars, but the best answer will be picked from those who can keep their politics in check. It’s a serious question you see, one that I’ve [...]