Why You Should Not be Afraid to File for Bankruptcy

  If you are interested in filing for Chapter 7 or Chapter 13 bankruptcy, it is common to feel scared about what lies ahead. The fears and uncertainties that people have about the process, however, are often unfounded. Soon after filing for bankruptcy, many people discover that the process is not as bad as they […]

Wage Garnishment and Bankruptcy

  By the time many people decide to file for bankruptcy, their creditors have begun to attempt to obtain repayment on outstanding debts. In some cases, these debts are so large that the debtors are not able to continue making payments, which results in creditors seeking legal action. One of the most common ways that […]

Navigating the Negative Emotions of Bankruptcy

  Not only is bankruptcy a financially difficult arrangement, it can also result in a number of negative emotions. While some people experience a period of relief after filing for bankruptcy because there are no longer creditors to harass them, other individuals can feel stressed out and overwhelmed by the complex legal process and the […]

Discharging Tax Debt in Chapter 7 Bankruptcy

  For individuals who are facing financial difficulties, Chapter 7 bankruptcy is often the best option to remove debt and obtain a second chance at a strong credit score. Chapter 7 is frequently chosen by individuals who have a large amount of debt and little income to pay it off. Unfortunately, there are some types […]

Common Bankruptcy Myths

The bankruptcy process can be quite complex. For this reason, there are a number of common misconceptions about bankruptcy that should not be perpetuated. The following will take a look at the reality behind some of the most common myths that are shared about the bankruptcy process. You Will Never Have Good Credit After Filing […]

Bankruptcy and Wage Garnishment

An overwhelming number of individuals live from paycheck to paycheck. If you are one of these people, any disruption in your wages can place you in a dire financial situation. To make matters worse, if you are facing a wage garnishment, it is possible that creditors can take as much as a quarter or more […]

Common Bankruptcy Myths Debunked

Filing for bankruptcy is a significant life event that can have a devastating impact on your credit score. For some people facing serious financial difficulties, however, bankruptcy is the best option for paying off debts, obtaining financial relief, and getting a new start at building a good credit score. Despite the advantages of bankruptcy, there […]

Filing for Bankruptcy as a Senior Citizen

Given the increasing prices associates with health care, a large number of senior citizens have begun to file for bankruptcy. What some people do not know is that senior citizens who file for bankruptcy are offered a number of distinct advantages. Despite this, bankruptcy is not the best option for everyone. Why Bankruptcy is Not […]

Common Mistakes When Filing for Bankruptcy

  Bankruptcy is not a process to be entered into lightly. This is because bankruptcy can have a significant impact on a number of different aspects of your life. While bankruptcy can ultimately be advantageous to some people and offer them an opportunity to rebuild their credit, for others the bankruptcy process is much less […]