Bankruptcy

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....

While dealing with bankruptcy, you might wonder whether your employer can find out about your situation. In most cases, your employer will not be in the loop, although there are some exceptions. If the company you work for learns about your bankruptcy, it cannot fire...

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...

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...

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...