If you're considering filing for bankruptcy, you may be wondering if you'll lose your home in the process. The answer is not clear-cut. While it's true that some people do lose their homes to foreclosure after declaring bankruptcy, there are ways to protect your home...
2 common mistakes to avoid while filing for personal bankruptcy
The decision to declare bankruptcy is one that you should never take lightly. Done right, bankruptcy can give you a fresh start by either writing off your debts or allowing you to work out a repayment plan that suits your current financial situation. If you get it...
Discharging student loan debt in bankruptcy may soon get easier
Americans of all ages who are mired in student loan debt feel like they’ve been on a roller-coaster this year. President Joe Biden’s recently announced student loan forgiveness program, which would have erased up to $20,000 in student loan debt for some borrowers, had...
The most common causes of bankruptcy
Bankruptcy is a subject that is still somewhat stigmatized. The term is commonly associated with reckless spending. While this certainly can be a contributing factor to financial hardship, it is not enough to fully explain why bankruptcies occur. Millions of...
Does bankruptcy ruin your credit rating?
There are still many negative stereotypes that surround the subject of bankruptcy. These are often not based on facts, but on misconceptions. The truth is that anyone can find themselves facing financial hardship through no fault of their own. Bankruptcy can give you...
