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...

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...

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...

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...

Professionals who help others optimize their credit score will often tell people to have multiple lines of credit. Having several different credit cards, store lines of credit, a vehicle loan and student loans will look better than just having one credit card,...

In many cases, people know they are struggling with overwhelming debt, but they think there is nothing they can do about it -- even via bankruptcy. The reason is that much of that debt they're carrying is from student loans.  Truthfully, it can be harder to discharge...

You realize that you’re going to need to declare bankruptcy. There’s just no way that you can afford all of the debt that you have. It may not be your fault -- maybe you lost your job or ran into unexpected medical debt -- but it’s true either way: Your debt is...

Your mortgage is arguably the most important monthly expense that you have. The house that you live in serves as the collateral for that loan, which means that if you fall behind, your home ownership status is at risk. Once you fall behind, your mortgage company will...