They say that money can't buy happiness. In many ways this is true, but it is also true that financial problems, including poverty and debt, can create a huge amount of stress, unhappiness and misery. Therefore, making sure that you are in a healthy financial...
Bankruptcy And Debt Relief
How can a secured credit card help after bankruptcy?
One common thing people say when considering bankruptcy is that they don’t want to file because they won’t be able to get a credit card. They need one if they’re going to shop online or even buy things at the store, and using cash isn’t convenient. They’re worried...
Can a creditor stop your bankruptcy proceedings?
One of the most important parts of preparing for bankruptcy is the creation of a comprehensive list of your debts and creditors. This step ensures that the court notifies all of your creditors about the pending bankruptcy and give them a chance to respond. The...
4 bankruptcy myths debunked for those struggling with debt
Even the mention of the word “bankruptcy” fills most Americans with dread. For them, it is the very last resort to overcome crippling debt. They feel it is the ultimate sign of failure as an adult. Of course, it is good to pay off your debts, but there are times when...
Bankruptcy may seem complex, but you can get through it
If you need to go through bankruptcy because your finances aren’t doing well, it’s important to know what will go into that process. In New Jersey, you may want to consider talking to your attorney about filing for a bankruptcy, especially if the filing fee is too...
Your Chapter 13 bankruptcy isn’t working out: What now?
When you filed your Chapter 13 bankruptcy petition months ago, you were pretty sure that the rough financial patch you’d gone through was over. You had a steady income again and no unusual expenses, so you had confidence that reorganization of your debts would be...
Why Chapter 7 bankruptcy could quickly turn your life around
Financial problems can have the power to affect every aspect of your life. It may cause arguments between you and your partner, affect your ability to spend quality time with your children, and cause chronic stress. For many people, dealing with financial issues can...
What’s the bankruptcy “clawback” provision?
Your debts have become overwhelming, and you’ve accepted the fact that you can’t repay them. Bankruptcy really is your best option. Some of those debts, however, weigh heavier on your mind than others. For example, maybe you borrowed money from your best friend to try...
Is a short sale the best way out of your mortgage?
Times are tough all over, and the economy is very uncertain. You might be able to find a new job somewhere else if you didn’t have a mortgage that you’re rapidly becoming unable to afford. Unfortunately, you haven’t lived in your home very long, and you didn’t have a...
What debts can’t be discharged as part of your bankruptcy?
When you have more debt than you can repay, taking steps to get your finances back under control is critical. Bankruptcy can help you by both stopping aggressive collection activity as soon as you file and by providing you with the discharge of unsecured debts if the...