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...
Many people are concerned about losing their possessions if they file for bankruptcy, including their home and their vehicle. This isn't quite true, however. While some assets are inevitably liquidated during the bankruptcy process, there are a great deal of assets...
Recovering after filing for bankruptcy can seem overwhelming, especially when you're limited by what you can do. Although you are now able to manage your debts, your credit score is low and it's difficult to get a loan or in some cases, a job. You may be...
Being threatened with the foreclosure of your home is frightening; however, filing for bankruptcy may help you either keep your home for a little longer or prevent the foreclosure from happening at all. But is one type of bankruptcy better than the other when it comes...
Filing for bankruptcy is a big deal, and it's important to take your new financial future seriously. Once your bankruptcy is complete, it's important to ensure your financial slate stays clean and you build your credit back up. Here are 3 common post-bankruptcy...
Many people file for bankruptcy, even famous people who have earned millions of dollars through television, film, or winning the lottery. Often, the financial woes of the affluent are exacerbated because they are more in debt than the average person. Here are 5 famous...
Can a Bankruptcy Trustee Take My Social Security? When you file a petition for bankruptcy, you are asking for court-ordered protection from your creditors. A court-appointed trustee will take any assets the law does not exempt from seizure. These assets, which can...