If you’re considering bankruptcy, you’re sure to have many concerns. Most of these concerns are likely related to finances and how filing for bankruptcy will affect your life overall, but you should also consider how your online activity will play a role in your bankruptcy. First, it’s important to understand that bankruptcy is a legal […]
When you neglect to pay a debt that creditor has the legal right to file a lawsuit against you. It might seem drastic or intimidating, but it’s actually fairly common. Creditors often take legal action against consumers to collect on debts because they know that even the threat of a lawsuit can prompt a debtor […]
There are many reasons why people struggling financially postpone or avoid bankruptcy. In some cases, that reason is their children. As much as they’d like to utilize the benefits of bankruptcy, they are concerned that doing so would negatively impact their children. Have you put off bankruptcy because you’re worried it could affect your children? […]
For years, lawmakers have been trying to implement better standards for Chapter 13 bankruptcy plans that ensure the process is consistent throughout the country. The goal was to make the filing process simpler and more consistent. On December 1, 2017, that effort finally went into effect, but many believe it failed to achieve its stated […]
Filing for Chapter 7 bankruptcy can be a great way to make a fresh start with your finances. And for many people, the experience is relatively stress-free. Once they work up the nerve to file they realize it wasn’t as bad as many believe, and within a matter of weeks they are working their way […]
Chances are if a creditor has received a judgement against you, you’ve been struggling with your finances for a while. But like many people, you might’ve ignored the problem hoping it would go away, or you didn’t realize the severity of your situation. A judgement means the court has gotten involved and found in favor […]
Foreclosure can be one of the most frightening experiences of your life. The good news is you aren’t alone. There are people on your side who are there to help you deal with your financial situation and possibly even remain in your home. The most important thing you can remember if you are facing foreclosure […]
Most people considering bankruptcy worry about how filing will affect homeownership and their mortgage. But what if it’s a second mortgage causing you concern? Are second mortgages handled the same as primary mortgages in bankruptcy? What’s the Point of a Second Mortgage? People get second mortgages for a variety of reasons. Sometimes it’s to ease […]
Life doesn’t always work out as you intend it to. For many college graduates, their dreams of securing an education so they are able to get a high-paying job fell apart after they graduated. They entered “the real world” only to find out their job opportunities were not as bright as they’d hoped and their […]
Anyone filing for bankruptcy is likely to consider his or her situation an emergency. Deciding to file is a big decision that takes time, but if you’re like most people, once you commit to filing for bankruptcy you’re ready to move forward as quickly as possible. Unfortunately, the bankruptcy court is unlikely to move with […]
