Bankruptcy

You may have a negative view of bankruptcy and are wondering how you could find yourself in that situation. It is essential to understand that many circumstances could lead to you filing for bankruptcy. Here are four typical reasons you might need to file for...

If you are struggling to pay your credit card bills, you may have noticed a decline in your mental health. After all, having too much revolving debt can lead to anxiety, depression and even loneliness. According to the American Heart Association, though, owning a dog...

The stress of financial problems can put a strain on you both physically and emotionally. The longer you are under high levels of stress, the more pronounced the problems can be. Many people wrongly perceive filing for bankruptcy as an irredeemable failure. However,...

Filing for bankruptcy does not magically erase all of your debts, but it does offer you a way to find your way out and gain a fresh start. When you look into which form of bankruptcy you wish to file, gather as much documentation as possible to help determine your...

When debt collectors come calling, it is an unpleasant experience for those on the receiving end. However, debt collectors still have to uphold certain behavioral practices due to the Fair Debt Collections Practices Act (FDCPA). Unfortunately, this does not always...

Debt collectors hold an undesirable role in the eyes of the public. They must search out individuals who owe money and find ways to get them to repay that money as fast as possible. Of course, they must operate within legal parameters that dictate what they can and...

Once you lose control over your finances, it becomes increasingly difficult to get it back. You may have to pay fees and interest on unpaid debts, making it harder and harder for you to see the light at the end of the tunnel. However, some people in your shoes seek to...

When your debt begins to quickly outpace your income and your debtors start to call and demand payments you cannot make, then filing for bankruptcy may help you begin again. The United States Courts website reports that individuals may file for Chapter 7 bankruptcy;...

If you are going to declare Chapter 7 or Chapter 13 bankruptcy, you will soon attend the “341 meeting” for which your attorney will provide the “521 documents.” What are these documents and what is this meeting about? About the 341 meeting Also called the “meeting of...

Bankruptcy may be your option when it comes to alleviating financial pressure and getting a handle on your life again. Whether through a repayment plan or full loan discharging, it is a tool to assist you. One of the unfortunate realities about bankruptcy is that...