Silicon Valley Business School

Bankruptcy: Bankruptcy Relief for Individuals & Sole Proprietors
Free Extracts from the Bankruptcy & Cash Crisis Management Course
Below you are free to explore extracts of the learning materials included in this course. If you're interested in educating yourself on these topics, we recommend that you review all these materials. If you're looking for a credential, please take a look at the certificate version of this course which will test your understanding of the materials and track your progress through the course until you have completed it and earned your certificate.

A list of advantages and disadvantages to consider before declaring bankruptcy.

  • Video ~ Bankruptcy Pros and Cons
The decision to file for bankruptcy can be a difficult one. It's important to consider the pros and cons and make sure that bankruptcy is your best option.

A list of factors that should be taken into account when one is considering filing for bankruptcy.

A comparison of Chapter 7 and Chapter 13 bankruptcy.

  • Video ~ Chapter 7 v. Chapter 13 for Individuals
This video outlines the differences of chapter 7 bankruptcy and chapter 13 bankruptcy, and provides information as to which option will be the best choice for you based on your financial situation.

The foreclosure process takes time. Most creditors do not begin foreclosing until the homeowner is two to three months behind on their mortgage payments. This gives the homeowner some time to consider alternatives to foreclosure, such as a loan forbearance, short sale, or deed in lieu of foreclosure. Should all of these alternatives fail, bankruptcy may help in several different ways.

Information regarding some of the most commonly asked bankruptcy questions.

Bankruptcy provides people in financial trouble an important option for getting their life back together, but there are limits to how often a person can use this protection.

In many cases, a debtor is still liable for tax debt after bankruptcy. However, bankruptcy law allows the discharge of tax debt only in some circumstances.

  • Video ~ Bankruptcy Judgment Lien
In financially difficult times, as a homeowner, you may find yourself in the uncomfortable position of owing money you can't afford to pay, leading a creditor to obtain a judgment lien on your home. A lien can impact your ability to sell your home, leaving you to wonder if a judgment lien can be removed in bankruptcy.

  • Video ~ Bankrupcty ~ Can You Keep Your House?



More Sections of this Course