Bankruptcy stress can have a tremendous negative toll on a person’s mental and emotional well-being. Even though a bankruptcy filing may feel like a weight lifted off some people’s shoulders — that feeling is not shared by all. The accumulation of debt is stressful,...
The pandemic has been a tragedy for everyone worldwide, changing our habits revolving around our livelihoods and visiting loved ones. Unfortunately, many people are seeing their debts pile high as the pandemic continues to impact their lives, businesses, and careers....
Bankruptcy has a bad reputation for negatively affecting your credit and liquidating assets. However, filing bankruptcy allows individuals and businesses to gain a fresh start on a path towards financial freedom from debt. There are many different types of bankruptcy,...
Debt Consolidation vs. Bankruptcy When considering how to handle your overwhelming debts, it is imperative to understand all your options. Common forms of making debt management easier are debt consolidation or various filings for bankruptcy. Depending on your...
Though the public perception of bankruptcy is negative, bankruptcy does not mean defeat. Filing bankruptcy for a small business was created to get business owners back in good financial standing and make getting out of debt attainable. While large corporations have a...
Chapter 7 bankruptcy is a form of bankruptcy that eliminates your debts. In some cases, it may require liquidation or the selling of assets in order to pay off debts. However, in almost all Chapter 7 cases, the filer can keep their home and vehicles. I. The other...
