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...

If you file for bankruptcy, it may mean that you can no longer apply for traditional credit cards. Lenders are going to be too concerned that you won’t be able to pay off the debt. This can cause your credit score to fall, and you won’t be approved for new cards....

Many bankruptcy cases are the result of numerous different factors that are all working together. For instance, someone may already have been struggling to make ends meet due to their student loans. It may technically be their credit card debt that they can’t pay off,...

If you’re seriously in debt, you know the toll it takes on your lifestyle, your credit rating and even the ability to provide the necessities for yourself and your family. However, you shouldn’t minimize the effect that falling deeper and deeper into debt can have on...

Filing for personal bankruptcy will extend multiple, valuable protections to individuals and businesses struggling with debt. The act of filing leads to an automatic stay, which stops collection activity for a little bit.  If the courts approve the bankruptcy filing,...

Thanks to the Affordable Care Act and other programs, more Americans than ever have health insurance. In fact, roughly 92% of people in this country now have coverage. So, why have half of all U.S. adults say that they have trouble affording their health care, with...

The majority of humans are capable of empathizing and many do have sympathy for those in less fortunate positions. Unfortunately, this isn’t always the case. People who fall on hard times financially are often stereotyped, particularly when they file for bankruptcy....

Filing for bankruptcy can help improve your quality of life, but only if you do everything right. Slip-ups are common, and not everyone enjoys the benefits of the bankruptcy process. Therefore, it is purposeful to learn how 1. Filing under the wrong chapter Should you...

Most people look forward to the day their bankruptcy is discharged. You may not realize that things aren’t going to be too different when you’re out of bankruptcy. One of the most important things to remember as your bankruptcy nears the end is that you have new...

Filing for bankruptcy is a smart option for those experiencing significant financial hardship. Unfortunately, due to the countless myths out there about bankruptcy, you may be confused about what it can and can't do.  Knowing the truth about common bankruptcy myths...