Despite your best financial conduct, debt can come back to haunt you after a successful bankruptcy. A sudden medical emergency or damage from a natural disaster might drain your income and any funds you’ve managed to save. Since you have already completed a chapter 7...
Year: 2023
Emotions you can expect when filing for bankruptcy
People who are in considerable debt may do everything they can to try to make ends meet. There comes a point when you realize that there won’t be enough money each month to cover everything. That’s when you know it’s time to act. Filing for bankruptcy issues the...
2 ways bankruptcy can help if you worry about foreclosure
Your home is your shelter from the elements and one of your biggest investments. Many people don't care about losing other property but will do anything they can conceive of to protect their homes during times of financial hardship. Sadly, those who experience a...
New program can help discharge student loan debt in bankruptcy
Americans with student loan debt have long been told that it’s virtually impossible to discharge any of that debt in bankruptcy. The requirement of having to prove “undue hardship” has resulted in under 0.1% of people with student loan debt even attempting to seek...
Should you file for Chapter 7 or Chapter 13 bankruptcy?
If you’re thinking about filing for bankruptcy, you’ll want to carefully consider whether you’d benefit from filing for Chapter 7 or Chapter 13 bankruptcy relief. Each of these debt management solutions benefits a certain kind of filer. Therefore, you’ll want to weigh...