5 Advantages That Declaring Bankruptcy Could Have in Store for You

Written by Wall Street News on August 26th, 2016. Posted in Copyright and patent law, Intellectual property, Mediation

Copyright and patent law

Filing for a bankruptcy case is a serious matter and requires a significant amount of thought and consideration before jumping in. However, contrary to popular belief, bankruptcy substantives aren’t the end of the world.
You should make an effort to inform yourself before jumping into any situation, but bankruptcy especially. Unlike commercial contracts, a lot more is at stake when filing for bankruptcy. But if you’re committed to your decision, here are five benefits you should know about.
Keep Your Home
Contrary to popular belief, declaring bankruptcy doesn’t mean giving up all of you worldly possessions. For example, in New York, if an individual’s equity in thei