Category Archives: Bankruptcy
Tips For Paying For Bankruptcy When You’re Financially Strapped
Many people who ponder filing for bankruptcy are not only trapped under overwhelming debt but are also struggling financially in general. For example, the 2017 Report of Statistics published in conjunction with the Bankruptcy Abuse Prevention and Consumer Protection Act indicated that while the median average monthly income reported by all debtors who filed… Read More »
How Does Your Bankruptcy Affect Your Spouse?
Getting married means combining many aspects of your life with another person. In addition to combining your assets, marriage can also mean sharing debt obligations. Unfortunately, financial problems don’t cease with marriage which can lead to the consideration of filing for bankruptcy. Approximately 64 percent of borrowers who file for bankruptcy do so while… Read More »
How Long Will My Bankruptcy Take?
No one wants to end up in significant debt. When it happens, the temptation is unfortunately there to shift the blame in your own direction despite the reality that debt problems typically come from issues outside of your control. To put that in perspective, health care is the primary cause of bankruptcy filings. Instead… Read More »
Three Pandemic Scenarios That Might Make Bankruptcy Your Best Option Now
Struggling financially doesn’t mean you are an unethical person or make poor financial decisions. Most of us hit a rough financial patch from time to time and there’s never been a more legitimate reason to have hit one than the experiences many of us have gone through over the last year or so due… Read More »
Can I Pay Back My Loved Ones Before I File Bankruptcy?
As bills rise and wages fail to keep up, it is understandable if you decide to turn to friends and family for help in an attempt to make ends meet. In many cases, loved ones are willing to offer financial support when they see you struggling to overcome challenges and that the funds are… Read More »
Does Bankruptcy Affect Your Job Prospects?
Bankruptcy comes with the chance to start over financially and can be invaluable for that reason. However, this opportunity to depart from debt comes with certain consequences as does every decision in life and one of the most relevant questions for anyone who is debating filing is exactly how bankruptcy may affect job opportunities… Read More »
Bankruptcy And Evictions
Of all the bills that can pile up and land you in debt, one of the most stressful scenarios is undoubtedly realizing you have fallen far behind on the home you rent. And unfortunately, this has been one of the ongoing stressors of the COVID-19 pandemic for many Americans. A survey published in March… Read More »
Who Files For Bankruptcy?
There is a common misconception that financial mismanagement is the reason why most people file for bankruptcy. However, most people instead make this choice when their debt situation has become hopeless for reasons they never could have anticipated. While no one sets out hoping to file for bankruptcy, if you find yourself over your… Read More »
3 Tips For Choosing A Bankruptcy Attorney In Florida
Bad things can happen to anyone during a financial crisis. In many cases, the circumstances that arise due to these kinds of crises occur unexpectedly and can bring debt that stacks up more quickly than you could have ever imagined. People typically seek bankruptcy for circumstances that fall outside of their control such as… Read More »
Life After Bankruptcy: Maintaining Financial Stability After Your Bankruptcy Discharge
Finding yourself on the successful end of a completed Florida bankruptcy case is undeniably a huge relief after struggling financially for so long. Many people are then surprised to find that what they may have assumed would be a simpler pathway instead seemingly has a new challenge around every turn. Being on the other… Read More »