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.
People often ask about the intricacies of bankruptcy, or they call about the procedures regarding a divorce. But what happens when a divorce is looming and bankruptcy is in the works?
After you have filed for bankruptcy - especially in a difficult job market - you may decide that starting your business is the right move for you.
If you have been adversely affected in your finances due to COVID-19, some recent changes to the bankruptcy law may help you with your current payment plan.
A reaffirmation agreement is a voluntary document that allows a debtor to opt to pay all or part of a debt, typically discharged in the bankruptcy case.
If you are in financial hardship and are considering Chapter 13 or Chapter 7 bankruptcy, call today for more information.
It is entirely possible to have a successful and comfortable life after Chapter 13 bankruptcy, but you should seek professional advice to make sure that all your bases are covered.
According to a story on Debt.org, in 2021 we will see a flood of personal bankruptcies stemming from the COVID-19 pandemic. The dire prediction is coming from bankruptcy attorneys and other experts.
Bankruptcy proceedings can be stressful for an individual even without a health crisis, but the virus complicates everything these days.