Recent Blog Posts
How to Stop Foreclosure Through Bankruptcy
The risk of home foreclosure is one of the scariest parts of debt. Not only is losing your house devastating; it’s also likely to lead to more expenses like moving costs, rentals, furniture, and other items. Under the right circumstances, you can stop home foreclosure, even after it’s begun. Although it’s no one’s first choice,… Read More »
Six Tips to Rebuild Credit After Bankruptcy
Building back from bankruptcy can be a long and tedious process that requires dedication, patience, and a pretty decent amount of financial knowledge. If you have undergone a bankruptcy, it’s important to equip yourself with the proper financial knowledge. Working with an experienced bankruptcy attorney can help you navigate bankruptcy and build back better as… Read More »
Common Errors Made By People Who File for Bankruptcy Without a Lawyer
Bankruptcy is a complex legal proceeding that requires an intimate understanding of bankruptcy law, court procedure, and finances. As with other legal proceedings, parties are legally permitted to file and proceed on their own behalf, without counsel. Like other court proceedings, however, doing so is strongly discouraged. People who file for bankruptcy without the assistance… Read More »
Will Filing for Bankruptcy Affect My Job?
People struggling with debt have a lot of misgivings about filing for bankruptcy. Many of these discomforts are based on myths, misconceptions, or circumstances that existed years ago before the passage of more recent debtor protection laws. Below, we discuss whether and how your bankruptcy can affect your employment status and future job prospects. Call… Read More »
What You Should Know About Junk Debt Buyers
If you’ve had a debt sent to collections, you may have encountered a junk debt buyer. These companies use underhanded tactics to either intimidate debtors into paying or into paying debts that should already have been dead. If you suddenly start getting calls, letters, or legal notices about an old debt to some company you’ve… Read More »
Is Getting a Loan Modification a Good Idea?
If your mortgage is underwater, you might be considering all of your options for dealing with debt. Obtaining a loan modification can sometimes help you get back on your feet. However, loan modifications are not available to every borrower, and they don’t always present the best solution even when available. Continue reading to learn about… Read More »
Ways to Get Out of Debt
According to a 2021 CNBC report, the average American owes more than $90,000 in debt. It’s easy to get bogged down with medical costs, credit card debts, mortgages, car loans, and other bills. If you’re dealing with mounting debt like millions of other people across the country, know that there’s a pathway to relief. Below,… Read More »
How Long Will Bankruptcy Affect My Credit?
Many people are hesitant to file for bankruptcy, even when it would be the best option to relieve their debts, because they are concerned about the damage bankruptcy can do to their credit score. While bankruptcy does affect your credit, the damage is only temporary. Below, we discuss how long a bankruptcy will remain on… Read More »
Statute of Limitations for Debt
Debt can feel like a burden that follows you for life. It can impact your credit, sap your resources, and make it more difficult to buy a home, obtain secondary education, or even get a professional license. Creditors are, however, subject to certain legal limitations. If you get a call about a very old debt… Read More »
Top Causes of Business Debt
Businesses need substantial funds to operate. New businesses, especially, require a lot of investment right away in order to establish the basic structure of the company and for business operations. It’s easy for a new business to incur debt after debt, causing the company’s profits to decline and ultimately leading to bankruptcy. Below, we discuss… Read More »