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…

When you find yourself in a serious situation in which your debts far exceed your financial ability to pay them, bankruptcy may be an option. But while this is not an easy decision to file for it, it is available to you. But what happens when you need to file again? Are you allowed to…

Running any size business is hard. But when you are self-employed as a sole proprietor of a small business (or if you work as an independent contractor) it can prove even more financially overwhelming – especially now, during the coronavirus pandemic.  Deciding to file for bankruptcy is never easy, but sometimes you have such significant…

The coronavirus pandemic has only compounded the already stressful healthcare costs with which many Americans have already been faced. With many people being terminated from their jobs or losing significant business due to COVID-19, and many of those same families dealing with increased costs in medical care, far too many families in the U.S. are…

Whether you have lost your job, overspent, stacked up mounds of medical debt, or have gone through a difficult divorce, there are many different things that can leave you in over your head with debt. While this debt can often be put under control by ensuring a new, strict budget or by consolidating debt, sometimes…