Bankruptcy

If you're facing foreclosure, you may be trying to think of different ways to keep your home. You know that you have some financial problems to sort out, but you don't want your family to lose the place where they live, and you feel that there must be a solution. One...

Bankruptcy can be a daunting prospect. Yet, like any new thing, once you break it down into manageable segments, you will realize it is not as difficult to understand as you first thought. Chapter 7 is one of the two bankruptcy options you have as a person rather than...

When you hear the term "bankruptcy," your first thought may be of someone living in poverty and struggling to make ends meet. You might picture an individual who has lost not only their job but also their home and car. It's a difficult situation for anyone to find...

When you think about your day-to-day life, are you living with the bare minimum? That might mean that you are renting a room instead of an apartment, have downsized your belongings to next to nothing and are using a phone with a broken screen that doesn’t like to...

Getting bills in the mail and realizing that you don’t have enough money to pay them is disheartening. It may lead you to sit down and take a deeper look at your income and expenses. You may realize that you can’t overcome the financial challenges without help. ...

Bankruptcy can be a valuable tool for people who find themselves overwhelmed with debt and no reasonable way to get out. While bankruptcy can help you get a renewed start on your finances, many people want to avoid bankruptcy if there is an alternative. For over a...

Student loans are one type of debt that usually can’t be discharged in bankruptcy. This can leave people who are in dire financial straits with the full balance due on their student loans. Meanwhile, interest charges keep adding up. That means the person repaying the...

When you file for bankruptcy, one of the things to remember is that the bankruptcy affects your credit for a specific number of years. Whether you file for Chapter 13 or 7 bankruptcy, it remains on your credit report for up to 10 years. This will hurt your credit, at...

If you are having trouble with your finances because of medical bills, high expenses, job loss or other issues, you may be wondering if you should try bankruptcy or attempt to consolidate your debts. One of your options might be a Chapter 7 bankruptcy, which would...

You know that you want to file bankruptcy. You’ve gone over all of your options. It seems to make the most sense. It’s been a trying year and this is the best way forward. What you’re really curious about isn’t whether or not this is the right decision, but how long...