It’s common to become overwhelmed by their emotions at the thought of filing for bankruptcy. You may feel shame, guilt or fear of being a financial failure. The truth is that there are many reasons why people declare bankruptcy, and it doesn’t mean you’ve failed....
Debt relief provides many families with the opportunity to regain financial stability. One of the most popular forms of debt relief includes Chapter 7 and Chapter 13 bankruptcy. Chapter 7 bankruptcy is a liquidation process that relieves large amounts of debt in a...
Deciding to file bankruptcy doesn't mean you should stop paying all your bills. Smart money choices during this time can help your bankruptcy process go smoother. Let's look at which bills deserve your attention. Mortgage or rent payments Your house payment should...
The weight of debt can feel crushing, especially when fresh out of college and facing a mountain of student loans. The pressure to succeed, coupled with financial strain, often brings out feelings of anxiety and shame, causing isolation. But remember, you're not alone...
After declaring bankruptcy, it is natural to seek advice from friends, family or the Internet to avoid the mistakes that led you to this point in the first place. Still, many well-intentioned but misguided tips can do more harm than good. Avoiding these pitfalls can...
Credit card delinquency rates among people in their 20s and 30s are rising, and it is easy to see why. Rent, groceries, healthcare—everything seems to be getting more expensive while salaries have barely increased in years. When your paycheck does not stretch far...
Financial difficultly can strike no matter the strength of your family. It is not uncommon for even cautious planning to fail to account for devastation like medical emergencies, home repairs or divorce. Whatever the reason for the trouble, many Americans turn to...
Bankruptcy often carries a heavy weight of misunderstanding. Many individuals grappling with debt find themselves tangled in a web of myths about this legal process. This blog aims to highlight common bankruptcy myths and provide clarity for those considering this...
Bankruptcy can feel like a fresh start, but what happens when you need to borrow money while still repaying your bankruptcy plan? You may need to apply for a car loan, pay rent or face other unexpected expenses. This blog will explore your options for borrowing while...
Struggling with student loan debt can feel overwhelming, especially when you have been juggling it along with other financial responsibilities. Fortunately, bankruptcy could offer you a path to relief. And understanding the 'undue hardship' standard is key to...
