Moneytips Releases New Infographic On Finance

Moneytips, Los Angeles based online personal finance and information resource has released a new infographic. The infographic titled "Bankruptcy" aims at educating its readers about the various types of bankruptcies

Moneytips, Los Angeles based online personal finance and information resource has released a new infographic. The infographic titled "Bankruptcy" aims at educating its readers about the various types of bankruptcies which can be filed in The United States.

In The United States, bankruptcy is governed by The United States Constitution. Under the Article 1, Section 8, Clause 4 of The United States Constitution, Congress can perform "uniform Laws on the subject of Bankruptcies throughout the United States." In The Unites States, bankruptcy cases are filed in The Unite States Bankruptcy Court and the judgment is ruled by federal law, but state laws also apply if the matter is related to property rights.

The infographic aims at educating the laws related to filing bankruptcy in The Unites States. It informs its readers about various types of bankruptcies that can be filed by a debtor for his bankruptcy. The infographic shares the qualifying criteria that are applicable to different types of bankruptcies. It details the step-by-step procedure that a debtor needs to follow to file the bankruptcy.

Filing a bankruptcy can be a tiring and wearisome procedure, with many visits to the court house. The entire procedure can take a long time to get completed and can be stressful for a person. Moneytips aims to educate its reader regarding the various types of bankruptcies and which type of bankruptcy to be filed for maximum redemption. It also details the procedure on how to go about filing a bankruptcy by a debtor.

To view the infographic visit -http://moneytips-1.blogspot.in/2014/03/infographic-bankruptcy.html

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MoneyTips.com is an online community and information resource that offers expert advice to people and assists them in making rewarding financial decisions. The website is a community of financial experts and professionals who offer advice on various money-related questions and issues, enabling people to make better financial decisions.

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