An Overview of Foreclosure-Prevention Techniques
A foreclosure can ruin both your finances and your credit score. Don’t resign yourself to fate if foreclosure is looming. Evaluate the various techniques for stopping or avoiding foreclosure, and try the relevant ones. Below are some of these techniques. Forbearance Ask your lender for forbearance if you are temporarily short of cash. A forbearance […]
Credit Reports and Bankruptcy: What You Should Know
When you have a dire financial situation, you may feel all hope is lost. Life in debt can make you feel as though you are drowning. These feelings are difficult to contend with. For many others in this situation, bankruptcy is a potentially viable option. Bankruptcy can be a lifesaver when you are deeply in […]
Can You Keep Your Business After Personal Bankruptcy?
When you declare bankruptcy, your assets are at risk of being used to satisfy debts. But when you are also the owner and operator of a family business, what does this mean for your business assets? To help you and your family know what to expect during this difficult time, here are some answers to […]
Understanding the Chapter 13 Repayment Plan
When you feel overwhelmed by the amount of debt you owe, you may decide to file for bankruptcy. People in that boat often choose Chapter 13 bankruptcy because it saves them from foreclosure and even removes a second mortgage. The trade-off is that Chapter 13 bankruptcy comes with a repayment plan. If you’re considering filing […]
Can Bankruptcy Save Your Small Business?
If your small business is struggling to pay its bills, bankruptcy can help you restructure your debt so that you’re able to stay in business. Depending on how your business is set up, Chapter 11 or Chapter 13 bankruptcy may be options to keep your operations afloat. Keep reading for more information about bankruptcy relief […]
4 Steps You Can Take to Avoid Filing Bankruptcy
Before you file for bankruptcy, you should consider if there are options available to help you avoid it. If you doubt your ability to pay your debts at all, you can, and should, consult with an attorney about potential bankruptcy. However, there are a few more things you can do to avoid this drastic step. […]
Bankruptcy Fraud: What You Need to Know
Filing for bankruptcy requires you to list all assets and property you own, including any assets you have transferred to another entity within a certain period of time. If you fail to include information when you file for bankruptcy and you do so knowingly, you can be guilty of bankruptcy fraud. The following is some […]
Should You Hire a Disability Attorney?
If you’re unable to work long-term due to injury or illness, you probably want to apply for Social Security Disability Insurance (SSDI) payments to help you make ends meet. While you’re not required to hire an attorney to represent you at any stage of the process, having an experienced disability lawyer on your side during […]
Student Loans and Bankruptcy: What You Need to Know
Student loans are often an essential part of the college experience. While most attend college with the goal of a higher-paying career, the process is expensive. At some point, the expense of student loans is too much to handle, which results in graduates who fall behind in student loan payments. You may wonder what your […]
4 Signs That You Should Consider Bankruptcy
One of the biggest issues that people run into when they debate whether or not they should look into bankruptcy is that they get self-conscious and wonder, “What will people think of me?” Bankruptcy isn’t anything to be ashamed of; in fact, it’s designed to help people who are so financially strapped, so they can […]