Blog

Life After Bankruptcy

Are you considering filing bankruptcy? If you are, you may be wondering what life will be like after your debts have been discharged. You’ve probably heard a number of myths or you may have assumptions based on some of the facts that you have heard. No matter what you have heard, the idea behind why… Read more »

Debt Relief

When debt becomes a problem, it can be virtually impossible to come out of it on your own. The only way to truly resolve debt on your own is to receive a major windfall or land a job that can produce more money than what you are currently making. It can be difficult to resolve… Read more »

Credit Counseling

Credit counseling is one of the ways in which many individuals try to resolve their debt. It involves the settling of debt with creditors so that the debt can be repaid within a specific amount of time. At the same time, interest may be eliminated and stop accruing during the agreement period. To make the… Read more »

Bankruptcy Overview

The decision to file bankruptcy is a difficult one. This difficulty lies in the fact that there seems to be a stigma attached to filing bankruptcy. Individuals are afraid that everyone is going to find out about the bankruptcy and look down upon them for it. They are also afraid of the credit consequences that… Read more »

Chapter 13 Bankruptcy

Chapter 13 bankruptcy gives you the ability to save your home and your assets while also paying back all or part of the debt. This type of bankruptcy is the alternative for those individuals that may not qualify for Chapter 7 bankruptcy. In order to determine which type of bankruptcy is best for you, your… Read more »

Chapter 7 Bankruptcy

Chapter 7 bankruptcy is also known as “liquidation bankruptcy.” This is because a person who qualifies can have unsecured debts such as medical bills, personal loans, and credit card debt discharged completely. In the end, very little or none of the debt has to be paid back to the creditors. Most or all of a… Read more »

Bankruptcy FAQs

Q. Will I lose all of my assets? A. the bankruptcy code has put exemptions in place. Exemptions exist at both the state and federal level with each having different exemption dollar amounts from the other. The exempt dollar amounts tell you what certain assets are allowed to be worth. If an asset exceeds the… Read more »

Bankruptcy Myths

There are so many bankruptcy myths that exist that it can be difficult to tell fact from fiction. In fact, these myths can have an impact on a person’s decision to file, despite what their financial situation tells them they need to do. If you have tried everything to solve your debt situation, it is… Read more »

Hello world!

Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!