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bankruptcy Archives

Don't lose any more sleep trying to correct your finances

Many different situations can lead to serious financial difficulties that will require you to file for bankruptcy. You shouldn't feel ashamed that you have to file. Instead, realize that bankruptcy relief is a tool to help you get your finances back in order.

Bankruptcy comes with education requirements

When you make the decision to file for bankruptcy, you might be ready to get it over and done with. This isn't likely going to happen unless you had the foresight to undergo credit counseling in the recent past and asked for a certificate of completion. This is because you are required to have credit counseling before you can file for bankruptcy.

Bankruptcy: A difficult but sometimes necessary financial choice

The need to file for bankruptcy is place where most people never think they will find themselves. This is a serious financial decision that comes with very important benefits and impacts. You should make sure that you understand all of them before you make the decision to file. We can help you to learn all about them while you are considering your options.

Plan to live your life after you file bankruptcy

Filing for bankruptcy is a big step toward solidifying your financial future. When you file a Chapter 13 bankruptcy, you will work with the bankruptcy trustee to repay some of your debts. Instead of thinking of this time as difficult, you can look at it as a way to refine your money mindset.

The risks associated with debt settlement

If you've been speaking with a debt settlement company, you may have heard some fantastic claims. It's not uncommon for debt settlement firms to lure potential clients in with promises of reducing their debt by 50 percent. Some claim they can help you eliminate your debt problems within 36 months. In many cases, however, these debt settlement companies aren't selling anything more than snake oil.

What is a subprime borrower?

You're considering bankruptcy and trying to plan for the future. You're already thinking about how you can build your credit back up after you file, and you know that using credit cards responsibly is one way to do it. You have to prove you can pay off debt properly.

Breaking common bankruptcy myths

Even if they've never declared bankruptcy, people have often heard myths and rumors about the process. This can be dangerous. Buying into a rumor that isn't factual could cause problems if you ever decide to file on your own.