Bankruptcy

Have you been dealing with a lot of financial stress lately? Maybe you’re thinking about bankruptcy because you’ve been trying to pay off all of your debt, you just haven’t been successful and you’re not sure that there is a solution that’s going to work. This has...

You never expected to be in this financial situation, but bankruptcy is definitely looking like it is a possibility in the near future. You’re not happy about defaulting on any of your debt – but not all debts are built alike. The ones that really bother you are the...

Many people spend weeks, if not months, contemplating bankruptcy before they finally file. They tell themselves that if they can adjust their budget or secure a raise in the interim, they won't need bankruptcy protection. Other people don't have the benefit of...

Bankruptcy is the process of relieving unpaid debt when it becomes too much to handle. There are several types of bankruptcy, but most people file for either a Chapter 7 or Chapter 13 bankruptcy.  Despite the benefits of filing for bankruptcy, many people don’t file...

Cars are very expensive but necessary tools. Even a used car will easily cost you more than $10,000, and a newer vehicle will cost many times that price. Unless you saved up for years before making a purchase or get money from your family members, you may not be able...

If you reach a stage where you can no longer afford to pay your debts, you may feel guilt. After all, when you took out the loan or card, you signed to say that you would pay it back according to the agreed terms. If you are a man or woman of your word, breaching that...

Facing mounting debt after a job loss can feel like an impossible situation. How are you supposed to make payments when no money is coming in?  Should you declare bankruptcy? Here are some of the pros and cons of bankruptcy so you can make the best decision for your...

Many people who are considering bankruptcy are solely focused on how much financial relief it will provide for them. They may not realize that they’re going to have to deal with some emotions during the process. Whether you file a Chapter 7 or a Chapter 13 bankruptcy,...

Wage garnishment happens when you owe on a debt and the creditor gets a legal order saying that your employer has to set aside part of your wages to pay that debt. From the time that this is ordered, you have no more control over the money. It is simply deducted from...

Millions of Americans are currently feeling the pinch financially. Sometimes, debt is unavoidable. However, there are some methods to help avoid overspending. Creating an efficient budget is one technique that can relieve some of the financial strain. Outlined below...