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...
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...
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...
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...
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...
If you feel like you’re drowning in bills and have more debt than you can handle, bankruptcy seems like a viable option. However, most people in this situation don’t have a lot of money to spare, so paying a bankruptcy attorney may seem counter-intuitive. Today’s...
If you're thinking about filing for bankruptcy, you may have heard some things that may make filing for bankruptcy easier or may better prepare your finances for the process of filing. However, not all of these things are in your best interest. Here are three things...
If you filed for bankruptcy before, you know it can be challenging and rewarding. Getting out from underneath crushing debt can help you in many ways, but what happens if you find yourself in debt again? Is it possible to file bankruptcy a second time? It is, but...
Filing a Chapter 7 bankruptcy can help you to get out of a great deal of debt, including medical bills, credit card debt, and more. However, tax debt is considered a "secured" debt and isn't as easy to get out of. But, if you meet certain criteria, back taxes could be...
Becoming overwhelmed with bills is disheartening. Sometimes, you struggle when choosing to pay for groceries or an old medical bill. However, when you add creditor harassment into the mix, it can begin to feel like you're drowning. Contrary to what many people...