Filing For Bankruptcy And Your Financial Future
After choosing to file for bankruptcy there is much to be completed via the court system. Although, with a professional bankruptcy attorney this process can be quite simple, and will ease your stress one day at a time. So the next step after choosing to file for bankruptcy, and finding an experienced bankruptcy attorney, is […]
Bankruptcy Defined
The laws of bankruptcy have changed over the past ten years. Although, even with the amendments made, bankruptcy is still simply defined as a tool to assist individuals and businesses overwhelmed by debt in having a government-backed solution. This process allows either a business or an individual to regain financial control of their life by […]
I’m a Renter. Will Bankruptcy Cause Me to Be Evicted?
The job market is very volatile right now, with the unemployment rate as high as it has been in a long time. That combined with the crash of the housing market has made it very difficult for many families to afford their mortgages as they owe much more on their home than it is actually […]
Learning to Budget your Expenses
With the economy in decline many Americans have found themselves discouraged with their finances. Slipping into debt can be stressful, but you can turn your situation around. Learning how to budget effectively can help you take control of your financial future. Most people fall into debt because they live “beyond their means”, basically spending money […]
Divorce and Bankruptcy
Divorce and bankruptcy can each create a difficult time in a person’s life. Unfortunately for some couples, financial problems are what lead them to divorce. While an impending bankruptcy and divorce can seem very overwhelming, there are a few things to know to help ease the process. First you will want to decide which comes […]
Is Tax Debt Dischargeable by Bankruptcy?
Many people think that bankruptcy is a simple process that will erase their debt and give them a fresh start. While this is partially true, there are some debts that are much easier to discharge than others. Some debts cannot be discharged at all, so it is important to become familiar with the different laws […]
The Emotional Effects of Declaring Bankruptcy
Filing for bankruptcy can be a shameful and disheartening process for most people. People typically associate their wealth with their personal and professional achievements. The path to professional achievement can be very spiritual and some people feel a deep connection to their net worth. With others, money is not just a personal asset, but it […]
You Don’t Have To Lose Everything When Filing For Bankruptcy
The burning question when families or individuals have to file for bankruptcy is, do I lose everything? The answer to that question is no. Most importantly what do you get to keep when you file for bankruptcy and what is protected. When filing for Chapter 7 Bankruptcy a liquidation process takes place to help repay […]
Preliminary Considerations Prior to Filing Bankruptcy
If you find yourself in debt over your head, there are a few options that you can take to ensure that you can get back into living your life stress free. There is no doubt that being in debt can lead to problems in both your home life and professional life due to the great […]
Student Loans Non-dischargeable by Bankruptcy
One thing that most students are familiar with is debt. There are very few people that can get through years of higher education without compiling some kind of debt. Schooling is expensive and since it can be difficult to pay for living expenses, tuition, books, and recreation, students may be forced to take out student […]