Filing for bankruptcy is a significant financial decision that requires careful consideration and planning. While it can provide relief from overwhelming debt, there are common mistakes that individuals should avoid to better ensure a smoother process and a better...
Can you file for personal bankruptcy multiple times?
Bankruptcy can be a welcome relief when you are struggling with debt. If you have filed for bankruptcy before, and you are caught up in debt again, you might be wondering if you can walk down this road again. The simple answer is, YES, you can file for bankruptcy more...
2 bankruptcy requirements you should fulfill before filing
Are you struggling under a mountain of debt? If so, filing for bankruptcy can help you manage, reduce or eliminate your debt and potentially help you regain financial stability. However, before you proceed, you should know that there are certain bankruptcy...
How do you know if it’s time to file for bankruptcy?
Knowing when to file for bankruptcy can make a significant difference in your financial recovery if you are financially overwhelmed by debts and other financial obligations. Filing too early may mean missing out on alternative solutions or debt negotiation...
Do bankruptcy filers in Indiana have to take any courses?
You probably understand some of what it takes to complete a bankruptcy, such as filing legal documents and gathering paperwork. However, there is much more to learn about the process. The more you know about consumer bankruptcy (chapters 7 and 13), the smoother your...
Why you shouldn’t feel too bad about credit card debt
If you are up to your eyeballs in debt, there’s a fair chance you feel pretty bad about it. You might have grown up to believe that being in debt is a bad thing and that somehow you have failed if you can no longer pay. If some of your debt occurred due to credit card...
Could a cancer diagnosis lead to significant debt?
The financial cost of being diagnosed with cancer is going to depend, to some degree, and the type of cancer that the doctor finds. For example, minor skin cancer may just take a few meetings with a dermatologist to get it surgically removed. Significant lung cancer...
Will everybody know you filed for bankruptcy?
There’s really no shame in being in debt. Life is hard, and it only takes one or two missed paychecks or a single medical crisis for the debts to pile up. Just the same, many people dislike the idea that “everybody will find out” about their financial troubles, and...
5 Myths About Bankruptcy That Drive Me CRAZY
Here is what “everybody knows” about bankruptcy – except it’s not true. Myth # 1: “If you file bankruptcy, you will lose your house.” This ALMOST ALWAYS FALSE. I have clients who voluntarily surrender their houses to get out from under their impossibly large house...
5 common bankruptcy questions
Late fees, medical bills and loans can lead to unmanageable debt. Bankruptcy can be a great tool for people who struggle to pay off their debts. If you’re considering filing for bankruptcy, there are a few questions you may need to ask: Is Chapter 7 bankruptcy my...