No matter how hard you try to always plan ahead and do the right thing, life can still be messy and unpredictable. The smallest financial setback an put you in a situation in which you are unable to pay off your debts. Many people live paycheck to paycheck, leaving them vulnerable to losing their property…

When you enter into marriage there are a lot of new things to consider. One thing many couples do not think about is bankruptcy. While jointly filing for bankruptcy can make a positive impact, it can also prove more difficult to protect certain types of property. Here’s what to know about filing for bankruptcy when…

It’s always a really difficult decision whether or not to file for bankruptcy. This is because while it can really help alleviate your stress, there are downsides as well. Regardless of what type of bankruptcy you file for (i.e. Chapter 7 or Chapter 13), it will impact your credit score. The good news is that…

When you file for bankruptcy, you may be able to receive additional time to pay back your creditors or have your unsecured debt fully discharged. While it’s great news to learn that your debt has been discharged, it doesn’t mean that the bankruptcy court can’t revoke its decision. If your debt discharge were revoked, it…

You’ve likely heard of bankruptcy before, but you may not have heard of credit counseling. When you’re overwhelmed by debt, it’s important to understand how these two things differ so as to figure out which is best for your particular situation. Here are the differences and how you can crawl out from under a large…

The decision to file for bankruptcy is extremely difficult no matter the case. But when you are concerned about what will happen to your assets you may have a harder time making that decision. You may be wondering what will happen to your assets once you file for bankruptcy. However, it’s important to understand that…

For most of us, we spend years of our lives saving for our retirement. For some, that means 30, 40, or even 50 years in the workplace making sacrifices so that when the day came we would be able to live out the remainder of our lives comfortably. But sometimes our finances can take a…

Sometimes the amount of money that we owe far exceeds that money and assets that we have. When that’s the case, people long for a way to get out of their dire financial situation and “start over.” Bankruptcy exists to afford people a new opportunity in life when their situation can’t be remedied.  There are…