Bankruptcy

When a person files for bankruptcy, the court issues an automatic stay. This gives the filer a reprieve from the constant communication from debt collectors. Once the automatic stay is issued, creditors can’t make any collection attempts, including making demands...

Being buried in debt can be overwhelming and it may seem like you’ll never be debt-free. Late or missed payments can destroy your credit and make it difficult for you to get financing for a house or car. When things get bad, some people turn to bankruptcy for a fresh...

Filing for bankruptcy can impact a debtor’s ownership of certain personal assets, but only under highly specific circumstances. As a result, for pet owners, a common question (understandably) involves whether they could lose their beloved pet during the bankruptcy...

Filing for personal bankruptcy is a process that was traditionally associated with a sense of shame. However, this perception has – thankfully – shifted dramatically since the Great Recession of 2008. The opportunity to file for bankruptcy was created in recognition...

Most people have some amount of debt to deal with on a constant basis. After all, many people shop online and use credit cards to make the majority of their purchases. Credit card debt in the United States is over $1 trillion cumulatively. A small amount of debt may...

Credit cards can be very useful. They can allow you to make purchases without your bank balance taking an immediate hit. Nonetheless, there are some potential drawbacks to using credit cards, and they can be a significant source of debt. Here are a few tips that may...

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...

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...

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...

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...