For many entrepreneurs, there is a thin line between your personal finances and your company accounts. However, it begs the question if that means that business debt becomes your personal problem? The answer is complex due to how you structured your business and how...
Month: November 2020
Setting up a budget for a home
Buying a home is one of the biggest purchases you make in your entire life. It usually requires in-depth planning and budgeting in order to maintain the right house in your right budget. However, it's still challenging to determine what is affordable for you. There...
Dealing with debt during the holiday season
With Thanksgiving and Black Friday right around the corner, many people begin their holiday budgeting early to ensure they have the best gifts at the best prices. Unfortunately, the holiday season is typically a stressor in terms of people's finances. Many Americans...
The emotional impact of foreclosures on families
Americans continue to see a rise in foreclosures as the mortgage bubble shows signals that it is about to pop. However, many families feel stuck because they do not want to uproot their children and they cannot afford their current residence. With over 250,00 new...
Am I eligible for the means test?
Most Americans doubt when bankruptcy is the right option for them, and a strong majority of those same Americans aren't sure if they qualify for bankruptcy. Luckily, there is a way to determine eligibility for chapter 7 participants. Since 2005, most individuals have...