learning from experience

Bankruptcy Blog Posts

automatic stay in bankruptcy

Understanding the Power of the Automatic Stay in Bankruptcy

When you are drowning in debt, you may think of bankruptcy as your only hope. Many people discount bankruptcy, but it does have its advantages. One of these benefits is something called an automatic stay, which is a fundamental protection for debtors. What is the Automatic Stay? An automatic stay

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prevent foreclosure

Can Bankruptcy Help Prevent Foreclosure on My House?

The best way to prevent foreclosure on your home is to make your mortgage payment every month. The premise is simple and straightforward, but actually having enough money in your account every month to make the payment is a whole different story. Rising Costs Many people are constantly struggling to

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Gina’s Story: How Bankruptcy Gave a Single Mom a Second Chance

Maintaining a healthy credit score is crucial for achieving financial stability and accessing various opportunities in life, such as obtaining loans, securing favorable interest rates, and even finding decent housing. Meet Gina Gina, a dedicated single mother, found herself trapped in a challenging situation. Her biggest goal was to find

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The Soaring Costs of Healthcare and Bankruptcy

Healthcare is a fundamental human right, but in the United States and many other parts of the world, the cost of medical care has been rising steadily over the years, leading to a growing concern about the affordability of healthcare. One of the most visible manifestations of this issue is

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chapter 7

Chapter 7 vs. Chapter 13 Bankruptcy

For many people, money is hard to come by. They may work dead-end, minimum-wage jobs trying to survive. Some struggle to find decent-paying jobs. And the bills never stop. If you have debt, a personal loan may be helpful. You may even be able to consolidate credit card debt. But

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