JD Kamat - Articles

Filing for Bankruptcy under Chapter 11
Most of us are familiar with a Bankruptcy Chapter 7 or a Bankruptcy Chapter 13, but what is a Bankruptcy Chapter 11? A Bankruptcy Chapter 11 is usually filed by a business. With the United States economy taking a severe hit, many businesses are filing for bankruptcy. Many of the gigantic corporations that you hear about making bankruptcy news generally file for bankruptcy under this chapter. Read
By: JD Kamat | 22/10/2009 | Law

Bankruptcy Chapter 7 VS Bankruptcy Chapter 13
There are many different types of Bankruptcy under Bankruptcy Law that are designed and structured to assist an individual or corporation that is financially burdened by debts in different ways. The most common types of bankruptcy are a Bankruptcy Chapter 7 and a Bankruptcy Chapter 13. Read
By: JD Kamat | 22/10/2009 | Law

Bankruptcy California Exemptions
California is the most populated state in the United States with an estimated population of over 36 million people. California alone comprises of almost 12 percent of the entire United States population. The bankruptcy law in California does not vary from bankruptcy law in other states because bankruptcy falls under US federal law. What does vary however, are the bankruptcy California exemptions as do the bankruptcy exemptions in all other States. Read
By: JD Kamat | 22/10/2009 | Law

Bankruptcy Florida Exemptions
The State of Florida falls as the 4th most populated State in the United States. It has an estimated recorded population of over 18 million. Florida lies in the 11th circuit of US Bankruptcy courts. In 2007 Florida had a total of 41,462 bankruptcy filings. In 2008 there were 67,649 bankruptcy filings, an increase of 63.2%. Florida makes up almost 6 percent of the population of the United States. Read
By: JD Kamat | 22/10/2009 | Bankruptcy

Can I file bankruptcy again?
Finances dwindle throughout the life. It is likely that you face a situation in life where you have no money to pay back your loans. In such a situation, you can declare yourself bankrupt and file for bankruptcy. Read
By: JD Kamat | 01/09/2009 | Debt Consolidation

Four chapters of bankruptcy
Bankruptcy is meant to give you some relief from your debts and pave a way towards a better life. When a person declares bankruptcy he gets rid of all his debts. Read
By: JD Kamat | 31/08/2009 | Bankruptcy