BE DEBT FREE

You lost your job, and you believe that you were a victim of worker’s compensation retaliation. However, you have more pressing financial concerns that have prompted you to file for bankruptcy. What happens now? How does an employment lawsuit affect your ability to file for bankruptcy? Honesty is the best (and only) policy Under bankruptcy

In recent years, you’ve had unexpected medical bills and the company you work for is struggling, so your hours have been cut. Simply put, you haven’t had enough money coming in to cover your expenses. The bills are starting to pile up and debt collection agencies have even been in touch. While debt collectors are

Cars are not simply a luxury item for most people. They are often the main mode of transportation in terms of getting to work every day. Unfortunately, a car is also a substantial purchase. For this reason, many people opt to purchase a car on finance rather than outright. The difference between these two forms

Many people grew up believing there is something inherently wrong with anyone who files for bankruptcy. What if you are reaching that point yourself? Does that make you irresponsible? Should you feel guilty? No. People from all walks of life file for bankruptcy, and in most cases, it is through no fault of their own. Filing

Filing for bankruptcy can give you a fresh financial start by wiping out most of the debt currently bogging you down. However, you need to get everything right to make the most of the bankruptcy process. Some mistakes could derail your bankruptcy plans, throwing you deeper into financial problems. If you are thinking of filing

You’ve been struggling financially for some time now and the debts are starting to pile up. Maybe you lost your job, had your hours cut or have had to take some time off due to illness. In any case, debt collectors aren’t being very sympathetic. They’ve been calling you for weeks now, multiple times a

You know that the lender can repossess your car if you’re behind on your payments. They typically won’t do this after one missed payment, though they usually could if they wanted to, but it’s a more drastic step when it appears that you are not going to be paying again. They don’t have to tell

Each year, the government releases information on the total number of bankruptcies that have taken place. In January 2021, the United States Courts reported that there was a 29.7% decrease in the number of bankruptcy filings from 2019 to 2020, which may have been largely related to stimulus support and other changes in the economy

One of the most common myths that people buy into about bankruptcy is that, if you file, it’s all your fault. In fact, this is, unfortunately, a reason that many people choose not to file. They worry about what friends, family members and business associates are going to think. They feel like everyone is going

Unexpected expenses or limited know-how in managing credit often lead individuals to pursue bankruptcy. Since people are required to take classes to learn about budgeting and debt avoidance as part of the bankruptcy filing process, many people would assume that they couldn’t end up back in a place where they needed to file bankruptcy again.