It’s important to recognize myths in many areas of the law, bankruptcy included. People often don’t even realize that the information they’re spreading is inaccurate. They honestly believe that it’s true, but they have been misled at some point, and they wind up...
Student loans often comprise the largest debts other than mortgages that people carry. Many people graduate with tens (or hundreds) of thousands of dollars in student loans. In some cases, they may spend their entire working life paying those loans off. Their payment...
Bankruptcy doesn't just help you discharge your unsecured debts. It also stops collection activity and helps you rework your budget. Chapter 13 bankruptcy, in particular, can help those with a steady income and personal property protect themselves during times of...
You have to have a solid income, a substantial savings account and a decent credit score to qualify for a mortgage. Typically, you will have to show years of reliable payments made on rental properties or other lines of credit as well to prove that you know how to...
After working diligently in your chosen career, imagine the surprise when you look at your pay stubs and see that you are missing money. You had a budget that was depending on those funds, and now they are gone. What happened? It’s called garnishment of wages. Many...
A serious illness or an injury can disrupt your life in many ways. You need to recover, and you may be overwhelmed for a moment as you struggle to get back on your feet. There is a strong chance your finances will be impacted too. If an unpaid medical bill finds its...
Many people think of Chapter 7 or liquidation proceedings when they think about bankruptcy. However, there are multiple different forms of individual filings. Other than Chapter 7, Chapter 13 is arguably the most common. Chapter 13 filings require a repayment plan...
When you receive a credit card in the mail, it will usually come with a list of terms and conditions that govern it. One of the things that you’ll notice is that you have the ability to get cash advances from your credit card. This might seem like a good thing, but it...
Student loan interest rates have been at 0%, and there's been a pause on monthly payments since March 27, 2020. That reprieve comes to an end on Oct. 1, 2021. Many lawmakers fear borrowers won't be able to foot the bill for what they owe once that happens. If the...
For many people diagnosed with cancer, their medical battle will be one of the most strenuous experiences of their life. However, thanks to incredible advances in modern medicine, cancer of many different forms has never had better survival rates. The only downside to...
