Bankruptcy

Times are tough right now. Inflation is high, and a lot of people are struggling to make ends meet. Many have no savings at all, and others have seen their meager savings evaporate rather quickly. When an emergency strikes, the lack of savings can cause you to get...

There are people who refuse to take out credit cards because they believe that these are just a way to rack up debt that you can't afford. They're worried about finding themselves in a position where they can't pay back what they owe, and so they vow never to use...

When you and your spouse got married, you carried a lot of debt with you. You had a good job, though, so you felt it was find to have that debt and that you’d be able to pay it down over time. When you suddenly lost your job and couldn’t find a new one paying as much...

Credit card debt can make it challenging for individuals to keep up with living expenses, especially when significant interest rates, fees and multiple monthly payments make it challenging to keep up with existing debts. Filing bankruptcy often solves many consumer...

If you land upon hard times financially, the world can feel like a lonely place. The truth of the matter is that many people find themselves in this situation. You are certainly not on your own.  Research suggests that millions of Americans are struggling to make ends...

People who are in debt and can’t make the required payments on their bills will often wonder what they can do to get back on top of their finances. This is a scary place to be, but there’s an option that may help: Filing for bankruptcy.  When you file for bankruptcy,...

A Chapter 13 bankruptcy takes a long time — three or five years, dependent upon your agreement with the bankruptcy court. In that time, your financial circumstances and also your needs can change dramatically. For instance, your five-year Chapter 13 bankruptcy...

Once you file for bankruptcy, you activate the automatic stay that protects you from creditors and collection agencies. Although the automatic stay cannot help in all situations, here are four ways you can expect to benefit. 1. Ending foreclosure If your lending...

If you’re one of the millions of Americans with student loan debt, you’ve likely been keeping some eye on the machinations of power players in Washington, D.C. There’s been a lot of talk by the Biden Administration and some members of Congress about how to take some...

Older Americans mired in debt face many concerns. They want to retire but worry about burdening family members with extra financial obligations. For example, they do not want to force their children or grandchildren to support them when they can no longer work....