There are different types or chapters of bankruptcy that individuals can file depending on their circumstances. There are certain types of bankruptcy that only apply to businesses and others that are primarily useful for those in specific professions, like farming....
People who are drowning in debt often wonder how they’ll make ends meet. Just knowing that they owe money is stressful enough, but having the creditors try to contact them constantly adds more stress. Once someone realizes they need to take the step of filing for...
When debt gets to be too much, you might start looking at your credit card bills. What you’ll be surprised to find is that you’ve spent more than you thought you did. In fact, this can get to the point where you can’t pay off the card and then you start compounding...
Some people put off filing for bankruptcy because they are scared of the consequences or worried about what others might say. Some delay because they believe they are too busy to make it a priority right now or because they still cannot accept the reality of their...
You have a lot of debt built up that you're not sure how to deal with. You may have been able to pay it off slowly at first, but now it’s gotten out of hand. So, what are your options to quickly rid yourself of your debt? Many people file for one of two types of...
The decision to file bankruptcy is one that’s usually not made until every other option has been exhausted. Many people think that they will feel an overwhelming relief when they file, but this isn’t always the case. In some instances, negative emotions can occur. It...
Individuals diagnosed with cancer now have a much better prognosis than they did a few decades ago. Even children with cancer are more likely than not to survive in most cases. Of course, getting to remission isn't an easy process. Typically, those with cancer require...
Bankruptcy offers a fresh financial start for many individuals who are drowning in debt. However, you may have questions about what is possible after your filing is complete. For many, being able to purchase a car is important. However, after filing for bankruptcy,...
Deciding to file for bankruptcy isn’t a simple matter. It’s something most people stress about for months before actually filing. While bankruptcy is an effective solution to overcome significant debt, it can also have some consequences if you aren’t careful. One of...
Feeling the pressure of owing more money than you can pay is terrible. One option that you have for taking control of your financial future is filing for bankruptcy. This is a big decision that you should make only when you’re fully informed about how it might affect...