Debt happens to many of us, and for many reasons. It could be an injury or illness that resulted in unmanageable medical debt. A job loss, something happening across the country right now, might have taken away your source of income and wiped out your savings. Divorce...
Chapter 7 Bankruptcy
Will I get to keep my house if I declare bankruptcy?
When you feel overwhelmed with debt, you may feel like there’s no way out. You are struggling to pay your bills each month. Your credit card debt has dramatically increased because your employer laid you off earlier this year. Now, you’re in danger of foreclosing on...
5 tips on dealing with the stress of debt
If you find yourself struggling with debt, you might feel overwhelmed about your future. It may bring comfort realizing that you are not alone. In the United States, most adults find that finances are a significant stressor in their lives. To alleviate some of the...
3 ways the automatic stay can give you breathing room
When you’re behind on your bills, the last thing you need is constant reminders from creditors and bill collectors. Creditor harassment can make a dire situation feel hopeless. Fortunately, filing for bankruptcy protection will institute an “automatic stay.” An...
How is Chapter 7 bankruptcy different from Chapter 13?
Between Oct. 1, 2005, and Sept. 30, 2017, the U.S. Courts states that approximately 12.8 million people filed consumer bankruptcy, and you may have considered doing the same in the midst of financial difficulty. Either because of insufficient income or another cause,...
