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 […]
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 […]
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 […]
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 […]