Repairing Your Credit Score

Sometimes, even our best efforts are not enough to extricate us from a challenging situation. Several factors negatively impact your credit score. Here's how to repair your credit and get it back on the right track.

By |2022-05-16T14:38:23+00:00May 25th, 2022|bankruptcy|

How Does Bankruptcy Affect Cosigners

Co-signing a loan is not risk-free. If the borrower does not repay the loan as agreed, the cosigner will be legally liable - even if the cosigner never drove the vehicle or lived in the home. It should also be noted that if the borrower is delinquent on payments or defaults on the loan entirely. In addition, if the borrower pays late or defaults on the loan, the cosigner's credit is likely to be negatively affected.

By |2022-04-29T19:16:17+00:00May 9th, 2022|bankruptcy|

5 Ways to Reduce Business Debt

Those looking to stabilize their business finances must learn to pay down their business debt effectively. This article will look at strategies you can employ to get out from under your debt and have more money freed up for other business needs. 

By |2022-04-29T19:11:05+00:00May 6th, 2022|bankruptcy|

When is an Emergency Bankruptcy Filing Appropriate?

When people find themselves in financial trouble, they spend months contemplating their options. Bankruptcy is often thought of as a last resort and is put off until the very last minute. However, while someone is busy weighing their options, their creditor often moves against them. This legal action can result in a judgment and garnishment of wages. If this occurs, what recourse does an individual have? The answer may be an emergency bankruptcy filing. 

By |2022-04-29T15:59:20+00:00May 3rd, 2022|bankruptcy|

Negotiating a Debt Settlement

When you are facing financial difficulty, bankruptcy is an option. Many people feel it is necessary to try everything else before taking that step - including working with creditors to settle your debts. Before attempting to work with creditors without professional assistance, knowing what to say is essential. Your creditors are well-versed in all things financial, but you may not be - so here are a few tips to help you achieve a settlement offer that works for you.

By |2022-04-29T15:53:34+00:00April 29th, 2022|bankruptcy|

Understanding the Nuances of Debt

Not all debt is created equal, and not all debt is bad. But since debt is also the primary reason individuals find themselves in financial distress, it is essential to understand the differences and nuances involved with different types of debt.

By |2022-04-29T15:54:00+00:00April 18th, 2022|bankruptcy|