Personal Bankruptcy

Filing for bankruptcy is often viewed as a last resort, something to be avoided at all costs. But the truth is, bankruptcy can offer those navigating unmanageable debt a way forward that should be embraced, not feared. Bankruptcy is a legal and financial resource...

Individuals and businesses owed money by others have the right to collect on those debts. Collection activity often begins with written notices sent in the mail, emails and phone calls. If the people who owe money are not quick to respond and make arrangements or...

Debt settlement services often sound attractive initially. The idea of settling a debt for less than the full amount due is obviously appealing to those struggling with their budgets. The ability to arrange for a debt settlement without actually negotiating with...

Filing for bankruptcy marks a new beginning in your financial journey. While this decision often comes after facing overwhelming circumstances like medical bills or job loss, it’s a vital option to restart your financial life. Many Americans take this step due to...

Understanding the difference between secured and unsecured debt is crucial when facing overwhelming financial issues. Lenders back secured debt with collateral—something valuable you own, like a car or home. If you can't pay, the lender can take the collateral. This...

Divorce has a reputation for causing major financial setbacks. People have to pay to divorce, which can cost tens of thousands of dollars in high-conflict cases. They also usually have to divide their property, which can diminish their personal wealth. Particularly in...

Financing a vehicle purchase is relatively common. Most people do not have enough in savings to purchase a used vehicle, let alone a brand-new one. They can obtain loans to finance a vehicle purchase the same day that they start looking for options at a dealership....

Bankruptcy is often an individual's last line of defense before outright financial catastrophe. People often file for bankruptcy to stop creditor lawsuits or preserve their assets from repossession or foreclosure. Bankruptcy leads to a pause in collection activity and...

As you likely realize, when either party (or both) in a marriage struggles with overwhelming debt, it affects the whole family. Money is usually scarce, and everyone ends up sacrificing some things. Many couples considering bankruptcy wonder if they must file...

Financial struggles are a part of life for most people, and bankruptcy is a legal solution that provides relief to many who find themselves with overwhelming debt. While bankruptcy can offer you a fresh financial start, it’s not uncommon for people to worry about the...