Many people who think about filing for bankruptcy do so because they find themselves in a financial bind due to medical problems. The sudden emergence or diagnosis of a medical issue can present unique challenges for you and your loved ones and getting the necessary...
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Common Myths About Your Credit Report and Bankruptcy
Far too many people fall prey to the myths surrounding bankruptcy and your credit report. Properly understanding how bankruptcy can impact your credit and the steps that you should take to repair your credit as soon as possible after filing can empower you for a...
Most People Go Bankrupt for Reasons They Can’t Control, Studies Show
Unfortunately, there has been a negative stigma surrounding bankruptcy for many years. Many people who admit that they may need to file bankruptcy because they are in over their head financially may feel a sense of shame regarding their individual situation. However,...
Are People More Likely to Have Success with Chapter 7 Or Chapter 13 Bankruptcy?
Are you curious about whether or not Chapter 7 bankruptcy eligibility requirements are something you could meet? Do you want more information about how to get help when it's time to consider bankruptcy as a serious option? Most people want to try to get a dismissal...
5 Most Common Reasons for Bankruptcy
Making the decision to file bankruptcy is never easy. In many cases, bankruptcy is the best option for individuals and families experiencing extreme financial difficulty. Here are the five most common reasons for filing bankruptcy and how to get sound advice...
How to Handle Creditor Harassment with Bankruptcy
Most people consider that one of the best outcomes of bankruptcy is that the creditor harassment stops. In fact, it might have been even those nonstop phone calls across the day that prompted you to schedule a consultation with a bankruptcy lawyer. A bankruptcy...
Handling A Serious Medical Problem and the Resulting Bills
If you or a family member has recently received a serious diagnosis that will prompt catastrophic treatments, or if you were involved in an accident that led to significant bills, there is no doubt that you're concerned about your financial future. A recent study...
The Bankruptcy Means Test
One of the most commonly filed forms of bankruptcy today is Chapter 7. What this form of bankruptcy does is allow you to liquidate assets that are non-exempt, not including your home, car, and other things needed for day-to-day life, to pay your debts. If you still...
How to Get a Student Loan Discharged With Bankruptcy
Although student loans are typically considered "untouchable" by bankruptcy because they're a secured debt like tax debt, there are some circumstances that allow borrowers to have their student loans discharged. To be eligible, you must meet certain criteria. More...
Can You Buy a Home After Filing Bankruptcy?
One of the most common misconceptions about buying a house after bankruptcy is that it can't be done. Or, that it has to be done after the bankruptcy is no longer on your credit report. This usually takes 7-10 years, depending on the type of bankruptcy you filed...
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