Month: April 2023
What’s the difference between Chapter 7 and Chapter 13 bankruptcy?
In these economically challenging times, filing for bankruptcy can be a smart move to help relieve you of some creditor pressure. Maybe you’re stuck with a debt or mortgage that you’re unable to pay immediately, or you’re faced with insurmountable medical costs. Whatever the circumstances, filing for bankruptcy might be able to help. But there
Bankruptcy and your child’s college financing
If you have a child who will be going to college soon or who is already enrolled, that’s likely to be one of your concerns as you consider bankruptcy. It’s important to consider how a parent’s bankruptcy can affect these various college financing options. Federal student loans If a prospective college student is applying for
Buying A House After Filing For Chapter 7 Bankruptcy
Before filing for Chapter 7 bankruptcy, you should consider how it will impact you in the future. A Chapter 7 bankruptcy can help you pay off your obligations and start over financially. However, your credit score will take a hit, and obtaining a mortgage to purchase your dream home may take longer than usual after