Category Archives: Bankruptcy
Bankruptcy And Senior Citizens
No one wants to file for bankruptcy, especially when they have already reached a point in life where they thought they would be financially stable. However, the reality is that things sometimes happen later in life that cause us to get behind in ways we never thought we would. In this context, bankruptcy can… Read More »
Discharging Student Loans With Bankruptcy
Student loans are a necessary evil for the majority of students in this country who simply don’t have the resources to obtain higher education through other means. Too many people who invest in their education later find themselves in a predicament where the same education that got them their dream career now results in… Read More »
Does Bankruptcy Affect Child Support Payments?
Statistics published by the Federal Office of Child Support Enforcement (OCSE) indicate that states collected approximately $32 billion in fiscal year 2018 alone on behalf of the nearly 15 million children who are served by child support enforcement programs across the country. More than $1.4 billion dollars in child support was distributed to families… Read More »
Overcoming The Emotional Toll Of Bankruptcy
Filing for bankruptcy has a misconception of being an easy way for people to avoid paying debt that they simply don’t want to pay. The truth is filing for bankruptcy is sometimes the only option for those who have found themselves struggling financially and deciding to file for business or personal bankruptcy is one… Read More »
Can I Buy A House After Bankruptcy?
Most of us have heard of at least one friend or family member purchasing a house at some point during the last year or so. While the U.S. entered 2021 with pandemic fatigue, the first several months of the year have continued to reflect rapid growth in house prices. And while the rapid growth… Read More »
Why You Need To Be Honest With Your Bankruptcy Attorney
Undertaking the bankruptcy process requires the borrower to inform his or creditors about any property or assets the debtor holds. Even if unintentional, a failure to disclose all properties and assets can unfortunately be interpreted as bankruptcy fraud. However, something that is discussed less often is how important it is to be honest from… Read More »
3 Tips For Getting Your Debt Under Control
There is no way around the fact that America is now a nation of debt. In addition to the fact that most American adults are carrying a debt balance on their credit cards, the average student loan balance is higher than ever these days. However, some debt is taken on intentionally and deliberately (i.e…. Read More »
4 Mistakes That Can Damage Your Bankruptcy Case
Bankruptcy may be the solution you have been waiting for if you have found yourself in a place where you are struggling to keep up with your debt. After all, bankruptcy can help you gain a fresh financial start and enable you to begin putting your finances in a better position. And despite what… Read More »
How To Find The Right Bankruptcy Attorney
If you have thought about filing for bankruptcy after experiencing financial constraints related to the COVID-19 pandemic, you are not alone. At least 17 major retailers have been sent into bankruptcy during the year since the virus landed on American soil and many individuals have similarly turned to bankruptcy in an attempt to escape… Read More »
Two Signs Bankruptcy May Be A Good Option
Bankruptcy might sound like an ominous and scary term, but in reality, it can carry numerous benefits for those who are suffering under substantial debt that they don’t see any realistic way out of. As opposed to irresponsible spending, most Americans find themselves filing for bankruptcy simply because of financial hardship caused by not… Read More »