Deciding to seek bankruptcy protection isn’t easy. You may have tried to overcome your debt for years, but a recent hospitalization grew your debt even more. Now, you are ready to file bankruptcy but have another tough choice to make: Should you seek Chapter 7...
Chapter 13 bankruptcy
Can my salary inhibit my eligibility for bankruptcy?
Bankruptcy is usually deemed as your last resort - the only option to save you from drowning in debt. However, bankruptcy is an incredibly common option for most families and adults who are struggling with their finances. You don't have to be in dire circumstances to...
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...
How does bankruptcy affect taxes?
While most people don't think about tax season around the holidays, it's critical to think ahead and start thinking about how your decisions may influence your financial future, including the 2021 tax season. For most people dealing with financial woes, the last thing...
Which chapter of bankruptcy should I select?
You may be on track for filing for bankruptcy. You know you are ready for a new start and to repay your debts, but you may not know what chapter to select during the process. It's critical to choose the correct chapter in order to reap the most benefits for your...
Three last-minute tactics to prevent foreclosure
You may be behind on your home payments, and you're almost at the point where you feel like there is no way out of foreclosure. It's an overwhelming and terrifying thought for most homeowners. No one wants to face losing their home. But there are some last-minute...
Simple ways to improve your credit score
Most consumers are aware of the impact of a bad credit score. It becomes a roadblock for receiving loans, applying for apartments or buying a car. Luckily, there are some ways to improve your credit score and ease barriers along the way. Know your score The first step...
Five warning signs of financial struggles
Most people complain about all types of bills. Or they wish they had more income for vacations, clothes or fancy cars. However, there is a significant difference in wanting more money and needing more money. Because complaining about money is so generalized, most...
What to do while facing a foreclosure
Our homes are a safe place from the rest of the world. It's the place where: we finally relax at the end of a long day at work, raise our kids into mature adults or finally settle down after retirement. Our homes are a special place in our hearts. That's what makes...
Life after bankruptcy: what can filers expect?
Bankruptcy is intimidating for most participants, primarily due to the negative stigma surrounding bankruptcy claims. However, the financial option tends to be a fresh start for most filers and offers a new opportunity to reshape your future. It sounds like an...
