Leave Your Debt Problems In The Past. Find Your Fresh Start.
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...
Financial hardship can strike anyone, at any time, regardless of how carefully they plan. Whether it is medical bills, job loss or other circumstances beyond your control, mounting debt does not have to define your future. Chapter 13 bankruptcy provides a structured...
You can address credit card debt through Chapter 13 bankruptcy, but it's not entirely about forgiving everything you owe. Chapter 13 allows you to restructure and repay your debts over three to five years. Unlike Chapter 7, which often leads to liquidating assets,...
Vehicle repossession can be a massive financial setback. People generally rely on their motor vehicles to get to work and meet the needs of their family members. The necessity of a vehicle is one reason why lenders are often flexible about helping people qualify for...
Chapter 13 bankruptcy is often a lengthy process. The repayment plan alone typically lasts somewhere between three and five years. There are also hearings to attend in court before the filer receives their discharge. Creditor meetings must take place before the...
Health emergencies can strike without warning, instantly turning life upside down. The financial toll of such circumstances can be truly devastating. This is especially due to the ever-increasing healthcare costs and the fact that insurance coverage may not fully...
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...
Many people pursuing personal bankruptcy focus on the end of the process. Their goal is to discharge unsecured debts so that they don't have to spend years paying off old hospital bills or a seemingly insurmountable credit card balance. Quite a few unsecured debts may...
Filing for bankruptcy is often a last resort for people who want to reclaim their financial future. If you’ve previously filed for bankruptcy and find yourself in dire financial straights again, you may want to file for bankruptcy protection again. While it’s possible...
There are many reasons why people may feel anxious about filing for personal bankruptcy. Often, they worry about how a bankruptcy might limit their access to credit opportunities in the future. It is standard for revolving lines of credit to close when someone files...
