Repairing Your Financial Situation

Vehicles And Bankruptcy: What Are Your Options?

02 February

A lot of people who are struggling financially find themselves faced with a car payment that’s unmanageable. Worse, they are often “upside down” in the vehicle, owing far more than the vehicle is actually worth. What are your options for dealing with a vehicle like this under bankruptcy laws? Option 1: Surrender While it might […]

Payday Loans And Bankruptcy: Can They Be Discharged?

02 February

For those undergoing financial troubles, desperation may drive you to seek some fast cash from a payday loan store to make ends meet. Unfortunately, those same financial troubles could have you seeking further relief in bankruptcy court, where you hope to have all or most of your debt burden forgiven, or discharged, through a federal […]

Protect Yourself From Fake Debt Collectors

02 February

If you’ve fallen behind on your bills, you are likely experiencing the relentless pursuit of past-due amounts by your creditors and collection agencies. These agencies can be extremely aggressive, since they only get paid if they collect some money from you. Even collection agencies that follow the rules can make your life miserable, leading you […]

Will Your Boss Find Out About Your Bankruptcy (And Does It Matter)?

29 January

The high cost of divorce and the inability to handle debts incurred during the marriage and two separate households drive a lot of recently divorced people into bankruptcy, even when they have good jobs. That can put additional stress on you if you’re trying to keep your private life out of the office. A lot […]

Understanding The Bankruptcy Trustee’s Unique Powers

28 January

There are two main goals in any bankruptcy proceeding filed by an individual. The first is to provide debt relief to a struggling consumer whose misfortunes have made him or her unable to repay a debt. The second is to make sure that all of the debtor’s creditors are treated fairly and that no one […]

Common Bankruptcy Concerns Answered

22 January

It is an unfortunate fact that your creditors have the ability to take aggressive actions against you if you fall behind on your payments. This can result in the loss of your home or any other assets that you used to secure the loan, and it can even result in wage garnishments or lawsuits. Bankruptcy […]

Chapter 7 Or Chapter 13: Which Bankruptcy Is Right For You?

20 January

Are you considering filing for bankruptcy? While bankruptcy is never an ideal outcome, it could be the best solution for you if you are dealing with a significant amount of debt. Bankruptcy gives you the ability to reduce or eliminate your debts in an affordable manner so you can start fresh and work on rebuilding […]

Went Through Bankruptcy? Make Sure You Don’T Do These 2 Things That Will Lower Your Credit Score

20 January

If you have gone through a bankruptcy, your FICO credit score has taken a hit. Without a good credit score you cannot do things like get a loan on a house, get a car loan, or even open up a credit card with a good interest rate. You need to be careful in what you […]

Is Chapter 7 Right For You?

20 January

If you are in serious financial trouble, then one of your options is to file for bankruptcy. However, bankruptcy isn’t right for everyone, so you should get all the information that you can before proceeding. To give you a better idea of your options and what they entail, here is an overview of Chapter 7 […]

3 Questions To Ask When Looking To File Bankruptcy

15 January

Many individuals do everything they can to make ends meet. They go to work every day and put in their eight to ten hours just to survive. Even though you are doing everything in your power to take care of your obligations, you cannot always predict when an employer is going to cut your hours […]