Category: Bankruptcy Issues Archive

Most individuals have borrowed money at some point in their lives. For many, it began at an early age, needling parents into making purchases with promises to do chores to “pay them back” after the fact. This type of borrowing didn’t usually involve a written contract or a signed credit ...

People have been lending money to each other since the creation of currency – and before that they were lending goods and services. That means that there’s been a problem plaguing society since, basically, the beginning of time – what happens when someone borrows, but can’t pay it back? The ...

After declaring bankruptcy, your credit score will be seeing new lows. Some people find this extremely discouraging. It can easily be taken negatively, but when weighed against the benefits offered by filing, there’s no comparison. The best approach is to know before you file that you are going to immediately ...

In today’s difficult economic landscape, there are many who find themselves facing a seemingly impossible financial crisis. Unsecured debt piles up to insurmountable levels. Unexpected medical bills can destroy even the healthiest of financial plans. Unforeseen circumstances have a way of cropping up at the most inopportune times and sweep ...

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 ...

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 ...

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 ...

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 ...