On Behalf of developers | February 28, 2020 | Bankruptcy
With either Chapter 13 bankruptcy or Chapter 7, you want to create a budget for your post-bankruptcy life. It’s crucial with Chapter 13 since you have a repayment plan based on what you can afford. Even with Chapter 7, though, which gives you a fresh start and liquidates assets, you still want to create a… Continue reading Post-bankruptcy budgeting tips...
read more
On Behalf of developers | February 27, 2020 | Bankruptcy
A Chapter 7 bankruptcy filing enables you to have your debts wiped out without you having to make payments to the bankruptcy trustee to help pay them off. There are specific requirements for filing a Chapter 7, so it is imperative that anyone considering this option takes the time to ensure they have everything in order… Continue reading Know these Chapter 7 bankruptcy requirements...
read more
On Behalf of developers | February 27, 2020 | Bankruptcy
Divorce can be very damaging for your personal finances. First of all, you will have to split what you own with your former spouse. In some cases, you may also have to pay spousal support, also known as alimony, or child support. Beyond that, you could incur thousands of dollars and expenses through both court… Continue reading How bankruptcy can help people bounce back after divorce...
read more
On Behalf of developers | November 29, 2018 | Bankruptcy,Debt Relief
Most bankruptcy filers want to receive immediate financial relief. They want their debts to disappear now, and understandably so. They’ve probably been suffering under a mountain of money stress for years — even decades. Which provides faster relief: Chapter 7 or Chapter 13? On the surface, Chapter 7 bankruptcy sounds like the best “quick fix”… Continue reading What’s the fastest way to receive bankruptcy relief?...
read more
On Behalf of developers | October 25, 2018 | Bankruptcy,Debt Relief
You’re behind on your car payments, and it’s significant. It’s not as if you missed one month because you forgot or fell behind on other bills. Your financial situation is not that stable, you have a lot of other debt and you have not paid your car payment in a while. You can’t even remember… Continue reading Can your car get repossessed right out of the garage?...
read more
On Behalf of developers | September 25, 2018 | Bankruptcy,Debt Relief
Those who consider filing for bankruptcy often worry about their credit score and whether they will be able to get loans in the future. After all, as Americans, credit is just a way of life. We take out mortgages to buy homes. We take out loans on new and used vehicles. We use credit cards… Continue reading 1 way that bankruptcy makes you a good risk to lenders...
read more
On Behalf of developers | August 30, 2018 | Bankruptcy,Debt Relief
Bankruptcy is something you may not want to have to use in your life, but there are many times when it’s necessary. For someone who suddenly lost a job and hasn’t been able to find work, suffered a life-altering disability or has other financial problems as a result of their lifestyle, a bankruptcy could be… Continue reading Bankruptcy: The right choice when you lose financial footing?...
read more
On Behalf of developers | July 1, 2018 | Bankruptcy
Bankruptcy is a huge financial decision to make. When you are faced with this possibility, you might find that everyone has some advice, opinions or cautionary tales. It is important for you to vet these before you heed them. There are many misconceptions about what bankruptcy entails. Before you decide that you are going to file… Continue reading Common myths about bankruptcy you shouldn’t believe...
read more
On Behalf of developers | June 4, 2018 | Bankruptcy
You went to medical school, at an incredible personal cost. Tuition just kept climbing, but this was your dream. You fought for it. Plus, once you started, dropping out due to the high cost would leave you with nothing. You took on more and more loans. In addition, you could not work and go to… Continue reading Can you lose a professional license after filing for bankruptcy?...
read more
On Behalf of developers | April 28, 2018 | Bankruptcy
According to data from Yellowbrick reported by CheatSheet, more than one-third of people under the age of 40 find themselves saddled with an average of $40,000 worth of debt in the form of student loans. Knowing that this age group also has an average salary of less than $35,000 per year, one must wonder how they… Continue reading Millennials, money and bankruptcy...
read more