You Deserve A Fresh Start
When considering the benefits of bankruptcy, having a solid preparation plan can make all the difference. Working with a seasoned bankruptcy attorney helps you explore all debt relief options and determine whether Chapter 7 or Chapter 13 is your best path forward....
Dealing with overwhelming debt can be incredibly stressful. You may find yourself constantly bombarded by calls and letters from creditors and collection agencies. This harassment adds to the pressure of an already challenging situation. Filing for bankruptcy can...
Financial difficulties can be extremely stressful, and the thought of filing for bankruptcy may seem just as overwhelming. Unfortunately, this causes many to put off filing, meaning that things may only get worse. If you need more reasons to stop thinking about filing...
We talked earlier this year about the Biden administration’s plan to remove medical debt from Americans’ credit reports. As we noted, the Consumer Financial Protection Board (CFPB) has been working on a new rule that would implement that change. Currently, the CFPB...
One of the reasons people delay filing for bankruptcy is the impact it has on credit. People generally lose their revolving lines of credit and see their credit scores drop by three points when they initially file. However, those drastic consequences are only...
Understanding the types of bankruptcy available to you is crucial before proceeding with bankruptcy. Individuals typically file for Chapter 7 or Chapter 13 bankruptcy. Chapter 7 involves liquidating assets to pay off creditors, while Chapter 13 allows you to keep...
If you’re dealing with a lot of debt, it can be easy to lose track of it. When you get a phone call, email, text or letter from a collection agency, you might assume that you owe the money they say you do. That’s not always the case. That’s why it’s important to know...
Debt is challenging financial reality that many people face. Unfortunately, most people assume that poor financial decisions are the primary cause of debt. In reality, life’s unpredictability can often be the real culprit. Certain major life events can lead to...
Married partners in financial distress often face the difficult decision of whether to file for bankruptcy jointly or separately. It is a significant decision that can affect both partners’ financial futures, and understanding the implications of either option is...
Even though bankruptcy has become so common it has lost much of its social stigma, a lot of people are still concerned about the way that they might be judged by others – especially their employers. If you’re contemplating bankruptcy but you’re worried about whether...
