It is a common concern for those who are having severe financial difficulty - can I even afford to file bankruptcy?
Bankruptcy is a powerful option for individuals and businesses to achieve financial relief. However, it can be quite complex.
The following situations may be seen as early warning signs that could lead to bankruptcy, or may suggest that bankruptcy is the right move for you.
Credit card debt is one of the most dangerous aspects of people's financial situation. High-interest rates and revolving balances can quickly spiral out of control and become unmanageable. While credit card debt is not the only factor in deciding to file bankruptcy, it often plays a major role.
If you’re planning a bankruptcy in the future, the timing and type of the bankruptcy may prevent the need to surrender your car. Depending on if you choose to file Chapter 13 or Chapter 7, you may be able to delay repossession or avoid it altogether.
Divorce is rarely easy and it can result in many [...]
Although you should check with your divorce attorney about your specific agreement, here is a rundown of some possible tasks that will have to be completed after finalizing the papers.
We live in a world where we can learn to do almost anything through online videos. The age of DIY is definitely upon us, and some people are beginning to think that professionals are no longer needed - even when facing a divorce.
Regardless of the child's age, moving to an unfamiliar place can cause anxiety, but paired with the divorce's upheaval, it can be even more challenging.
Divorcing couples may disagree as to the importance of the other person's reputation in the business, and therefore what that person's involvement in the business is worth. Putting a value on goodwill can be difficult, especially in the heat of a divorce.