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...
Owning a home is a significant milestone for any adult. Obtaining a mortgage makes this dream achievable for many because it spreads the cost of your home over many years. However, being mortgage free sooner than later can also be a source of pride. Let’s take a...
Have you ever wondered about the different types of loans available to you? One option that often comes up is secured debt. But what exactly is it, and how can it benefit you What is secured debt? Secured debt is a loan where you offer an asset as collateral. This...
Filing for bankruptcy can be a terrifying prospect, especially considering what could happen to your hard-earned assets. Will you lose your home, your car or your savings? The uncertainty can be overwhelming. However, Chapter 7 bankruptcy, also known as liquidation...
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...
Credit card debt can quickly spiral out of control, leaving you feeling overwhelmed and financially stressed. However, with the right strategies, you can take charge of your debt and work towards a more secure financial future. Below are effective methods for managing...
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...
Filing for bankruptcy often leaves an unsavory impression, which is why some people choose to battle mounting debt instead, even if they are already at their wits’ end and unable to make timely payments. When paying off your debt seems too overwhelming, you may...
