Managing your finances responsibly may sound like an easy task, but for many, making smart financial decisions isn’t always as obvious as it seems. From accidents and unexpected illnesses that lead to medical debt to low-paying jobs and layoffs that cut income streams, there are dozens of legitimate reasons why a person may be struggling […]
The urge to spend during the holiday season can be overwhelming. Not only are there dozens of holiday activities that may cost money to participate in, but you may also be trying to buy for everyone on your list. In fact, studies show that for the 2022 holiday season, about 70 percent of Americans plan […]
If you’ve decided to get a fresh start on your financial situation and file for bankruptcy, you’re going to be interacting with several professionals throughout the process. Among these are your bankruptcy attorney, the bankruptcy judge, and a bankruptcy trustee. Balancing the interest and rights of the debtor against those of their creditors is one […]
When it comes to your finances, there are a few things that can have a bigger impact on your financial opportunities and future—including your ability to secure a mortgage loan, buy a car, take out a new line of credit, and more—than your credit score. Indeed, lenders will always look at your credit score before […]
Filing for bankruptcy is a huge decision. And while filing for a Chapter 7 or Chapter 13 bankruptcy can provide you with the financial relief that you need, the process requires multiple steps that can be confusing to the layperson. One of the most important parts of a bankruptcy case is the 341 meeting, which […]
Facing large amounts of financial debt can be extremely stressful. Even if you’re earning money, you may be subjected to wage garnishments, which can add to the pressure of an already overwhelming attempt to manage your funds. While there are many options for managing debt and seeking debt relief, bankruptcy could be the most appropriate […]
Facing the burden of enormous amounts of debt can cause stress and anxiety about the future. If you’re hiding from creditors, have been threatened with repossession or litigation, and are unsure of how you will get a handle on your debt, it’s time to start thinking about bankruptcy. However, before you file for bankruptcy, it’s […]
Depending on where you live, it’s often a necessity to own a car for work, school, and other daily necessities. When you’re struggling to make ends meet, you might fall behind on your vehicle payments in addition to some other credit accounts. Having your car repossessed would make a stressful situation even worse. Repossession of […]