Chapter 13 bankruptcy is one of the most popular forms of personal bankruptcy. It allows people to protect their biggest assets without liquidating anything and to regain control of their finances even if they make a decent wage. Chapter 13 Bankruptcy is also called...
If you have credit card debt, the chances are that the debt you carry could influence your independence. Using credit in the right ways can help you boost your credit score and get you better interest rates on loans such as your mortgage or vehicle loan. However,...
Moving out of a childhood home is one of the first major steps toward adulthood. However, it has become increasingly expensive to do. The cost of living independently often forces young adults into significant credit card debt. Although historically older adults with...
Even when you know well that you have made the right decision, filing for bankruptcy can be difficult. It’s not something you really wanted to do or that you planned to do. You know it can help you and that it’s the best option, but you have to adjust your thinking to...
When people are in debt, one of the main options they tend to look at is debt consolidation. There are times when debt consolidation can be an excellent choice, but it’s not always the right solution. Consolidating medical debt may seem like a good way to reduce your...
If you’re already struggling financially to pay your debts and other financial obligations, the last thing you need is to have your income lowered by wage garnishment. Some creditors don’t have the option to order your employer to take money from your paycheck to make...
The amount of medical debt that one can create in almost no time is often astounding. A procedure that only takes an afternoon could land you in debt that you can never fully pay off. This is why medical debt is one of the leading causes of bankruptcy. People who...
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...
