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

Posted on: 20 January 2016

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 your credit. However, it's important to know which type of bankruptcy is right for you. Chapter 7 and Chapter 13 are two of the most common types of bankruptcies for individuals. [Read More]

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

Posted on: 20 January 2016

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 do in the future, as there are things that can lower your FICO credit score. [Read More]

Is Chapter 7 Right For You?

Posted on: 20 January 2016

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 bankruptcy: What is Chapter 7? The basic idea behind Chapter 7 is that some of your assets will be sold, and the proceeds will be used to pay your creditors. [Read More]

3 Questions To Ask When Looking To File Bankruptcy

Posted on: 15 January 2016

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 or lay you off. If you recently got laid off and are struggling to pay your bills every month, there are options available to you. [Read More]