Pros and Cons of Declaring Bankruptcy Under Chapter 7

Actually, making a decision of declaring bankruptcy isn’t an easy task. It’s not a secret for any person that it impacts both your reputation and self-image. That’s to say, in order to take the right […]


Legal Terms Explained: What Does Insolvency Mean?

In general, insolvency is the inability to pay debts. However, when we try to go deep inside the concept it is more than that. Very often, the terms “insolvency” and bankruptcy are confused or taken […]