When dealing with overwhelming debt, people may consider various options to regain control of their finances. One such step, filing for Chapter 7 bankruptcy, may help them wipe their slates and start fresh. However, bankruptcy filers have numerous obligations and...
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Month: November 2020
How can you avoid debt after bankruptcy?
Filing for bankruptcy in Michigan can provide you with a solution to reduce and effectively manage debt. With negotiations underway, you can look begin thinking about your future. One action you can benefit from is assessing your financial habits and determining which...
The differences between Chapter 7 and Chapter 13 bankruptcy
If someone is having difficulty paying off debt and is receiving harassing calls from creditors, bankruptcy may be an option to start fresh. People may qualify to file for either Chapter 7 or Chapter 13 bankruptcy, depending on their circumstances. Chapter 7 According...
Why are more older people facing bankruptcy?
Even among people who have planned well and saved for years to fund their retirement, unexpected events may end up eating into their nest eggs, leaving them with virtually nothing at a time when they no longer work and earn an income. Despite the belief that serious...
