If you’re looking to file for a bankruptcy like Chapter 13 or Chapter 7, you’ve heard of the required credit counseling to obtain your bankruptcy. You may be asking yourself what the point of counseling is at this point. These counseling sessions are useful and...
Many in dire financial straits fear bankruptcy. Facing a possible bankruptcy can be stressful but there is no need to be afraid of the process. Unexpected medical bills and loss of income are two common causes of bankruptcy. These reasons are often out of one’s...
If you are struggling with debt, you may be feeling overwhelmed. It may seem hopeless to keep making small payments to chip away at a large balance. This is especially difficult if you are sitting on a significant sum of money, like your retirement account....
When you are in debt, it can feel overwhelming. Bills can pile up while you struggle to find a good place to start repairing the damage to your financial well-being. However, you cannot begin to address a debt issue without knowing what caused it. That’s why...
Filing bankruptcy is a necessary step for some people to regain financial footing. However, many people are afraid of the poor credit scores they may be left with once their bankruptcy process is complete. Poor credit scores can make it difficult to obtain housing or...
Running a small business is tough. You make many decisions on your own. It allows you freedom, but it can also feel like a burden. This is especially true when business is not going well. Maybe the market is down, or you made some unwise purchasing decisions. Whatever...
There is a lot of stigma around being pinned under debt. The reality, though, is that most people don’t accrue their financial deficits through sheer carelessness – many wind up in the red after surprise medical bills, emergency spending or sudden loss of...
If you have more debt than you can handle, you are probably no stranger to collection notices and phone calls. Perhaps those notices and phone calls feel like they have taken over your life, adding to your financial stress. You can protect yourself. Know your rights...
The debts have piled up. The creditors are calling, and you're wondering where you'll get the money to pay for your child's school activities. You're in a desperate situation, and now you need a plan of action to stave off bankruptcy. However, sometimes, bankruptcy...
Suffering from debt is a heavy burden. You may feel like you can never recover or more forward with your life, but this is not true. Filing for bankruptcy can help you get back on your feet and get a fresh start. If your debt is weighing heavily on your mind, you...
