Author: Justin Harelik Archive
5 Questions to Ask When Trying to Decide if You Should Declare Bankruptcy
When trying to decide if you should declare bankruptcy there are 5 questions you should ask yourself. Knowing your answers to these questions will enable you to feel comfortable and confident in your choice. This is extremely important because of the fact that deciding how to resolve your financial crisis is a ...
Read More →
Bankruptcy: Positives and Negatives of Filing
No one wants to be viewed as compulsive. We all know that there are times when making one more “to do” or pros and cons list is simply not productive. But there is a time and a place for everything and if there’s one time and one place when making ...
Read More →
Bankruptcy Dictionary: Know Your Terminology, E-Z
Bankruptcy filers everywhere find themselves annoyed when they don’t understand their own paperwork. You aren’t alone. There’s a reason bankruptcy lawyers bring such peace of mind to the table during the proceedings. They know what they’re doing. They know what’s happening and they know what’s going to happen next. Having ...
Read More →
Bankruptcy Dictionary: Know the Terminology, A-D
No one likes legal terminology, but when it’s time to file for bankruptcy you can depend upon the fact that there will be a lot of documentation and it will all be full of legal terms. If you feel overwhelmed by the prospect of reading your own bankruptcy paperwork, take a second ...
Read More →
Increased Bankruptcy Filings as a Result of the Housing Bubble
Every American is aware of the housing bubble. We’re also aware of the fact that it burst abruptly and that it created a chain reaction of events that we would have all rather avoided. The price of housing isn’t all that changed when the housing bubble finally burst. We also ...
Read More →
Getting a Home Loan Post-Bankruptcy
Declaring bankruptcy is not the end of your dreams of owning a home. Having a bankruptcy on your credit report doesn’t mean that you can’t buy a home. Individuals and couples who have gone through bankruptcy are highly encouraged to rebuild their credit post-bankruptcy by obtaining loans and taking on debt. Debt will ...
Read More →
How Does Bankruptcy Affect Your Credit?
Bankruptcy is not an easy way out of debt or a quick fix for financial woes. Following a bankruptcy, you will be ineligible for loans, credit cards and many other types of credit. Some envision the aftermath as tough and possibly not worth it, but individuals experiencing financial trauma should ...
Read More →
Bankruptcy Isn’t Always the Answer
Bankruptcy has saved the financial of countless individuals. Some might even say that bankruptcy has saved the lives of countless individuals. Financial trouble is one of the main causes of stress, anxiety, marital problems, and divorce. It can even be put on the list of cited causes for suicide. Sometimes ...
Read More →
The Demographics of Bankruptcy Filers
When trying to understand where the massive field of bankruptcy filers comes from and who they are it’s best to start with the most common causes of bankruptcy. Filing for bankruptcy isn’t anyone’s dream. It’s something that becomes necessary for certain reasons and/or situations. For instance: Outstanding medical conditions (injury, ...
Read More →
Studying Bankruptcy Statistics
While debt and overspending are major American problems that seem to be leading more and more towards bankruptcy, the revolving credit account isn’t the main cause of this particular legal solution. The main reason people turn to bankruptcy in today’s society is not reckless abandon with credit cards, but severe ...
Read More →