Bankruptcy is not something that anyone should rush into. There is a lot to consider before pursuing bankruptcy as a method of overcoming your financial hardships. Hundreds of thousands of people file for bankruptcy every year, and bankruptcy may be a viable option...
Month: January 2022
What is bankruptcy?
You are trying so hard to catch up on your bills. As soon as you think you are at the point where you can begin to pay down a bill, something happens to put you behind again. By considering bankruptcy, you are thinking of a valid way to get out from under your debts....
How many payments can you miss before a foreclosure?
Sometimes, people living on the financial edge have to get creative. You might pay one bill this month and skip it the next month to keep it current enough to protect your vehicle or home. Doing this may buy you time to stabilize your income, but it is costly in the...
3 tips to help reduce credit card debt by the end of 2022
If you are dealing with high credit card debt and are frustrated by tight finances, then now is a good time to start looking at ways to reduce your credit card debt. There are various options for reducing debt, such as negotiating with creditors, using a balance...
Will bankruptcy affect your career?
If you’re considering bankruptcy and also looking for a job (or believe you may have to be job hunting in the near future), you may be concerned that prospective employers can use your bankruptcy as a reason not to hire you. Even if you have a secure job, you may fear...
