learning from experience

Bankruptcy Blog Posts

Protect Your Assets Before Filing for Bankruptcy

Creating a Repayment Plan Under Chapter 13

As a consumer, you have two main types of bankruptcy to choose from: Chapter 7 and Chapter 13. Chapter 7 is an easy way to wipe out debt, but it can cause you to give up some assets in the process. For those who still earn some income, Chapter 13

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Bankruptcy Roadmap

Your Bankruptcy Roadmap: How to Prepare for What’s Ahead

Preparation is essential for navigating most of the journeys you walk through in life. Making the decision to file for bankruptcy is a journey in its own right; one that requires a unique set of preparation steps, both practical and personal. While it may feel overwhelming at first, taking time

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monthly bills

How to Curb Your Spending when facing Bankruptcy

Filing for bankruptcy is not an easy choice to make. However, the choice often comes from the desire to create better financial stability. To truly ensure filing for bankruptcy creates this desired outcome, you must also take additional steps, including managing your spending and expenses. If you are on the

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Can Bankruptcy Make Life Better?

The term bankruptcy is often associated with feelings of failure, doom, and embarrassment. Despite it being a common and legal form of debt relief, this legal proceeding carries a social stigma shrouded in misinformation. However, those who have done the research, made the filing, and have come out on the

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bankruptcy stress

Navigating the Stress of Bankruptcy

Filing for bankruptcy can come with a roller coaster of emotions. While the sense of relief that it can bring is often welcomed, the uncertainty of what lies ahead can feel nerve-wracking. However, you don’t need to let the emotional journey rule your life. There are ways to manage the

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bankruptcy credit counseling

Credit Card Chaos? Bankruptcy Could Be Your Reset Button

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. However, those dealing with crippling credit

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debt

The Pitfalls of Waiting Too Long to File Bankruptcy

People often assume bankruptcy should only be considered when no other options exist. However, did you know that there can be pitfalls to waiting too long to file for bankruptcy? While many may not want to file too soon, it’s also critical to consider the damage of waiting too long.

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