A widespread misconception about filing Chapter 7 bankruptcy is that you will lose everything. However, that’s not the case. You can exempt some of your assets and protect them from liquidation in the bankruptcy. Every state has its own bankruptcy exemption laws,...
Month: August 2022
How do you verify your medical debt?
When you’re struggling to pay bills because you had a major medical emergency and couldn’t work like usual, it can be extremely upsetting to see more bills come in the mail. This is particularly true when you don’t understand where the debts are coming from or who is...
Effective ways to pay off your credit card debt
If you feel like you are drowning in credit card debt, it can be hard to know where to start. If you have a bit of money available, knowing which card to tackle first can vastly increase your chances of success. Here are two options to consider: Pay off your...
3 solutions for a financed vehicle in Florida bankruptcy
Many Americans finance their vehicle purchases. It is much easier to work a monthly payment into your budget than to try to gather the funds for an outright purchase of a vehicle. You can obtain a better quality vehicle with financing because you will have more...
3 signs that you need to consider declaring bankruptcy
When you are deep in debt and you need a way out, you should explore your options as soon as possible. One of these options may be filing for bankruptcy. However, most people find the thought of declaring bankruptcy quite intimidating. Knowing the right time to...