We’re in tough times. If you didn’t already know that, it’s far past time to crawl out from under your rock. Many good people have had bad things happen to them, and have landed in a world of financial hurt. Many have lost jobs. Many have lost homes. Many have had to go as far [...]
Many people assume that most of bankruptcy cases are filed by overspenders who wound up with way too much credit card debt. The truth is, however, research shows most people who file bankruptcy do so because of medical debts. Between 2003 and 2004, a little over half of personal bankruptcies came about because of medical [...]
The tough economic situation has hit many families hard, and most people are looking for ways to get out of debt. A number internet companies lately have started advertising government debt relief grants, but consumers should beware. Such ads are probably making false claims. While there is some funding available for individuals through government agencies, [...]
Many people find themselves on a debt treadmill they can’t ever seem to get off of. In some cases, filing bankruptcy may be the only option, but others may be better served through alternatives to bankruptcy. Alternatives usually include some form of debt repayment, along with credit repair and a renewed understanding of how to [...]
Understanding what types of bankruptcy you can file for can help you as much as knowing the forms you need to file and the processes. These useful links can help you file on your own and give you useful information that can help you file your case correctly. Doing this without the help of legal [...]
You may be going through both of these and need to know what the effects each of these will cause on the proceedings. You can use these links to get a glimpse into what to expect when you need to declare bankruptcy as your marriage dissolves either through the divorce proceedings by yourself or with [...]
In a very difficult economy, many people are seriously considering bankruptcy as a option of financial survival. Before considering such a drastic decision that can affect you future earnings and credit, it is wise to consider some alternatives to bankruptcy. Here is a list of blogs discussing alternatives to bankruptcy. PRLog Bankruptcy Alternatives – Explains [...]
Owning a house is one of the biggest purchases most families ever make. Due to the current economy, foreclosure rates have skyrocketed. Losing your home is a worry that a lot of people have had to face recently. It is a scary situation facing the loss of your home, but you can make it through [...]
If the last time you looked at bankruptcy law was more than a few years ago, you might want to make sure that you know about the changes Congress enacted with the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. Some of the most important recent changes in bankruptcy law include the following: Stricter [...]
Whether to file for bankruptcy is one of the biggest decisions you’ll make in your life. An experienced bankruptcy attorney can help, but before you even seek out further advice, you could consider the following factors: 1. Have you tried to negotiate with creditors? As you know, bankruptcy is a major life decision, so it’s [...]
