On Behalf of developers | July 11, 2020 | Bankruptcy
When your debt level reaches a point where you can’t pay off your creditors or even make the required minimum payments every month, you may have to start making difficult decisions. You may pay the bills you need to cover to remain in your home while letting others go past-due. Companies that don’t receive timely… Continue reading Can you avoid a creditor wage garnishment with bankruptcy?...
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On Behalf of developers | June 20, 2020 | Bankruptcy
Should your finances take a turn for the worse, there may come a point in the near future when you ponder the pros and cons of bankruptcy. Before you decide in favor of or against bankruptcy, it’s critical to answer a variety of questions as they pertain to your situation. Here are a few that… Continue reading Considering bankruptcy? You’re likely to have questions...
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On Behalf of developers | June 19, 2020 | Bankruptcy
If you’re over 65 and you’re still waking up at dawn to go to work, there’s a good chance that it’s because you need the money. According to a survey by Provision Living, which is a company behind senior living communities, 60% of employees working during what used to be considered the retirement years aren’t there… Continue reading Why older people are working longer...
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On Behalf of developers | June 10, 2020 | Bankruptcy
There are dozens of myths about bankruptcy that don’t have any basis today. Sometimes, myths were created out of a misunderstanding of the purpose of bankruptcy. Sometimes, it’s a result of changes in laws over time that bankruptcy is misunderstood. It’s important that you know what bankruptcy is and isn’t, so you can make wise… Continue reading Learn the truth about these 3 bankruptcy myths ...
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On Behalf of developers | May 18, 2020 | Bankruptcy
Medical bills are one of the many factors that can lead Americans to file for bankruptcy protection. The high cost of care coupled with the rise in normal living expenses is leading some individuals to wonder how they are going to make ends meet. This is especially true when they are unable to work as… Continue reading Understand these points about medical bankruptcy...
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On Behalf of developers | April 22, 2020 | Bankruptcy
When a consumer files for Chapter 7 or Chapter 13 bankruptcy, the court issues an automatic stay that prevents creditors from trying to collect on debts. This effectively puts a halt on written demands, as well as phone calls, emails and personal visits. Some filers appreciate this because it takes away one of the big… Continue reading Can the automatic stay help you?...
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On Behalf of developers | February 28, 2020 | Bankruptcy
With either Chapter 13 bankruptcy or Chapter 7, you want to create a budget for your post-bankruptcy life. It’s crucial with Chapter 13 since you have a repayment plan based on what you can afford. Even with Chapter 7, though, which gives you a fresh start and liquidates assets, you still want to create a… Continue reading Post-bankruptcy budgeting tips...
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On Behalf of developers | February 27, 2020 | Bankruptcy
A Chapter 7 bankruptcy filing enables you to have your debts wiped out without you having to make payments to the bankruptcy trustee to help pay them off. There are specific requirements for filing a Chapter 7, so it is imperative that anyone considering this option takes the time to ensure they have everything in order… Continue reading Know these Chapter 7 bankruptcy requirements...
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On Behalf of developers | February 27, 2020 | Bankruptcy
Divorce can be very damaging for your personal finances. First of all, you will have to split what you own with your former spouse. In some cases, you may also have to pay spousal support, also known as alimony, or child support. Beyond that, you could incur thousands of dollars and expenses through both court… Continue reading How bankruptcy can help people bounce back after divorce...
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On Behalf of developers | November 29, 2018 | Bankruptcy,Debt Relief
Most bankruptcy filers want to receive immediate financial relief. They want their debts to disappear now, and understandably so. They’ve probably been suffering under a mountain of money stress for years — even decades. Which provides faster relief: Chapter 7 or Chapter 13? On the surface, Chapter 7 bankruptcy sounds like the best “quick fix”… Continue reading What’s the fastest way to receive bankruptcy relief?...
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