Leave Your Debt Problems In The Past. Find Your Fresh Start.
In recent years, there has been a lot of talk about reducing student debt or eliminating what students owe after they graduate. For the most part, none of this has actually occurred. But a very small portion of this debt has recently been eliminated. The debt revolves...
If you fall on hard times financially, it can be difficult knowing what to do for the best. Bankruptcy is one possible option but it’s a major decision that requires careful consideration. It’s important that those thinking about this financial route are offered...
According to some estimates, more than a million students have decided not to go to college. This is been a recurring trend for the last few years, with a decline between 2019 and 2021 of about 6.6%. Much of the decline has been attributed to students who graduate...
Filing bankruptcy is often described as a “fresh financial start,” and that’s mostly true – but not every debt is treated the same way. When your bankruptcy case is finalized, you receive a discharge, relieving you of the remaining debt you owe to certain creditors....
After you miss a few mortgage payments, your lender decides to foreclose on the property. You mentioned the dilemma to a friend, and they tell you that all you need to do is declare bankruptcy. If you do, then the lender can't move forward with the foreclosure and you...
Many people fear what others will think if they file for bankruptcy. Of particular concern is what current or future employers might think. For most people, that worry is a non-starter. If you can still lug bricks around the construction site or inspire children to...
The different kinds of bankruptcy each have drawbacks and benefits. Individuals usually need to choose between Chapter 7 and Chapter 13 bankruptcy unless they also own and operate a small business or farm. Chapter 13 bankruptcy is easier to qualify for, but it...
When things are not working out with your finances, and you are thinking of filing for bankruptcy, it is never an easy decision. You are constantly worried about what the future holds, given the current state of affairs. You may be wondering whether you will keep some...
Acceleration clauses are common additions to home mortgages. They often hide under the radar. However, if they are triggered — by your actions, inactions or external factors — these clauses can herald huge problems for you. Let’s do a deeper dive and learn more about...
Bankruptcy can be an effective solution to aggressive debt collection, but it also means limitations on your credit opportunities for the immediate future. Those who file for personal bankruptcy and successfully discharge debts will lose all of their revolving lines...
