Opening the mailbox, checking your emails, and answering the phone can be stressful if you know you owe people money. You may dream about getting out of debt, so you no longer have to deal with that. When there are more bills than money available, filing bankruptcy is...
Bankruptcy
How do you know which type of bankruptcy to choose?
As you may know, you can choose between several forms of bankruptcy. Those pursuing a personal (nonbusiness) bankruptcy in Massachusetts typically choose between Chapter 7 and Chapter 13. These two are the most common types of bankruptcy for individuals. If this is...
Private student loan debt may be dischargeable through bankruptcy
You can discharge many kinds of debts through bankruptcy; however, some kinds of educational expenses, such as federal student loans, are not dischargeable. Until recently, the law was unclear on whether private student loans are non-dischargeable higher education...
How will bankruptcy impact your credit rating?
Credit is often a necessary part of daily life. In fact, there are several benefits of credit such as allowing individuals to purchase a car or new home. However, many people find themselves in financial trouble because of credit. The interest rates on credit card...
When can debt collectors call me?
Struggling with debt can feel like an uphill climb. When you start getting collection calls, the situation can leave you feeling vulnerable and embarrassed. Debt collector phone calls can seem intimidating. After all, a stranger is calling you asking about a debt that...
Could my post on social media impact my bankruptcy?
Needing to file for bankruptcy can be a difficult decision. You may have hoped that you would be able to find your way out of your circumstances or had several catastrophic events happen at once. Going through the bankruptcy process can seem invasive as you attempt to...
Are you suffering from debt collector harassment?
The last thing you need when struggling with debt is to struggle with harassment, too. Debt collectors must abide by the Fair Debt Collection Practices Act (FDCPA) when contacting those struggling with debt. But unfortunately, they do not always do this. When a debt...
Filing for chapter 13 bankruptcy – Eligibility requirements
People struggling with overwhelming debt may consider options, such as filing for Chapter 13 bankruptcy, to regain control of their finances. To receive bankruptcy assistance, however, they must meet certain eligibility requirements. Reviewing the requirements and...
Reviewing statistics on bankruptcy
If you are considering bankruptcy, it is pivotal to thoroughly review all of your options and make sure that you pinpoint the best course of action given your individual circumstances. When it comes to bankruptcy and other financial matters, everyone is in a unique...
Implementing an all-cash budget after your bankruptcy
Filing for bankruptcy is not the end of the world as many people would have you think. In fact, you can use bankruptcy as an opportunity to start fresh and implement better financial habits. Budgeting is more important than ever before while you go through bankruptcy...