Bankruptcy And Debt Relief

Through no fault of your own, you’ve been struggling financially recently. This is currently the case for millions of Americans. You’re trying your best to get back on track, but debt collectors are making this very difficult.  It feels like you can’t take a breath...

Once you fall behind on your credit card payments or other financial obligations, you quickly learn to not answer the phone if you don't recognize the number. Collection calls can come in so often that you feel compelled to completely disable the ringer on your...

What the average person knows about bankruptcy is often vague and may possibly be inaccurate. For example, people don't realize that there are several different kinds of bankruptcy available to individuals. They may think that the same rules apply to a Chapter 7...

If you’re struggling financially because of private student loans and have exhausted your options to pause them or pay them down, you may be interested in knowing about changes in how those loans are handled in bankruptcy. According to a New York-based federal appeals...

You can group your personal debts into two categories. Your unsecured debts include your credit cards and all the money you owe businesses or service providers. An outstanding hospital invoice would be an unsecured debt. There is no property helping to protect the...

You filed for bankruptcy because you really had no means to pay back what you owed. You were out of work, and you didn’t see any way to pay back your debt without struggling for many months or years. Then, seemingly out of the blue, you received a call that you were...

While filing for bankruptcy means that you are in a difficult financial situation, there is a lot of misinformation surrounding the entire process. As a result, many people are hesitant to file for bankruptcy even when it is in their best interests since they are not...

When you decide to file for bankruptcy, it means that you cannot service your current debts. As a result, it may be challenging to secure credit due to your low credit rating. You will need to rebuild your credit score on the road to financial recovery. The earlier...

When you're discussing different types of bankruptcy, people often refer to Chapter 7 bankruptcy as a liquidation plan. Conversely, they refer to Chapter 13 bankruptcy as a wage earner’s plan. The names do tell you a lot about how these processes are going to work,...

Most people have never heard of “involuntary bankruptcy” until it happens to them. Unlike the more common voluntary bankruptcy, where a person or business is seeking to discharge or restructure their debts, involuntary bankruptcy is initiated by creditors. That...