learning from experience
If relief from financial stress is what you need, you may be considering filing for bankruptcy. Chapter 7 bankruptcy is often sought after because it can discharge debts without a repayment plan. However, there is always the possibility of being denied for Chapter 7, but why is that? To help
To deal with debt, many people struggle until they file for bankruptcy. Bankruptcy offers many protections, but it does not protect all your assets. In fact, you may be ordered to give up certain assets, especially if you file for Chapter 7 bankruptcy. Unfortunately, you may have to give up
Relief and a prosperous financial future are the goals after filing for bankruptcy. However, many filers may feel intimidated or lost after completing the process and may not know where to start to rebuild their financial stability. To restore your credit and develop better financial habits, it’s important to have
Prices are rising while wages are remaining stagnant. It is no surprise that many Americans are burdened with debt. According to Experian, the average American household debt is $105,056. This is a record high and a 13% increase from 2020. If you are feeling a financial squeeze, there are some
After going over your finances, you may have decided that you would like to proceed with going through bankruptcy. However, it can be easy to become overwhelmed and stumped after making that powerful decision. This ultimately is not a decision made lightly. To successfully file for bankruptcy, you must go
Considering bankruptcy for credit card debt? Credit card debt is all too common in America, with 48% of Americans currently grappling with it. It is no secret that credit card debt can spiral out of control, leaving individuals feeling trapped by high interest rates, late fees, and an ever-growing balance.
Prices are rising while wages are remaining stagnant. It is no surprise that many Americans are burdened with debt. According to Experian, the average American household debt is $105,056. This is a record high and a 13% increase from 2020. If you are feeling a financial squeeze, there are some
The word bankruptcy is often associated with the idea of financial ruin and dread. The general public views the process of bankruptcy as a last resort to escaping unfathomable amounts of debt. However, this notion is far from the truth and doesn’t account for the numerous benefits bankruptcy has to
