You Deserve A Fresh Start
When you’re being contacted by phone, email and letter by debt collection companies or your creditors, it’s a scary situation. The easiest thing to do is to try and ignore the problem and not respond. It can feel like too big of a task to try and tackle. However, that...
While bankruptcy will discharge most of your debts, your credit score will be negatively impacted. It can be hard to get a credit card, a mortgage or even a personal loan with a low credit rating, and if you do, the interest rates could be high. Fortunately, your...
If you’ve been suffering from an illness for some time or found yourself in an accident that left you with life-changing injuries, you’ll know the toll it can take. Not only on your body physically but on your mental health, well-being and finances. It’s a hard...
When filing for bankruptcy, the court usually issues a discharge. A discharge means you are no longer responsible for certain debts (there are exclusions to what debts are included). This is the desired outcome; however, there are situations where a discharge may be...
When some people file for bankruptcy, they wonder if opting for Chapter 13 is a good idea. (Chapter 13 bankruptcy deals with payment arrangements.) If you’re unsure whether Chapter 13 is appropriate for your financial situation, read its advantages and disadvantages...
If you’re behind on your bills, you’re already aware that collectors will hound you as much as they legally can – and some don’t seem to care about violating the law. The debt collection industry has a sort of internal hierarchy, and at the very bottom are so-called...
One of the worst things about being unable to pay your debts is the constant barrage of calls, knocks on the door, letters and emails you will face from creditors or from debt-collection companies they contract. While the law places restrictions on when and how they...
If you plan to file for bankruptcy, you will likely seek a discharge from the court. When a discharge is ordered, it means you no longer have to pay specific debts. While this is beneficial, there are situations where the court may deny the discharge. Why the court...
Realizing that you have debts you can’t pay is disheartening, but there are times when you can’t squeeze more money out of your budget. Trying to take control of your finances can be a challenge when you’re going through this. For some people, filing for bankruptcy is...
The thing about the American dream is that it does not come without effort and expense. To obtain your version of this dream, you probably accrued considerable debt. Unfortunately, a downturn in the economy or a sudden illness can erase all the work you put in to...
