learning from experience

Bankruptcy Blog Posts

debt settlement

What Are Your Options if your Bankruptcy is Denied?

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

Read More »
Protect Your Assets Before Filing for Bankruptcy

How to Protect Your Assets Before Filing for Bankruptcy

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

Read More »
Financial Planning After Bankruptcy

Back in the Black: Financial Planning After Bankruptcy

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

Read More »
student loan debt

How to know when to file for bankruptcy

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

Read More »
debt

The First Steps to Take for Bankruptcy

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

Read More »
paying bills

At What Point Should I File for Bankruptcy?

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

Read More »