Bankruptcy
Debt Relief
Property & Assets
Bankruptcy FAQ
If you have large amounts of debt, you may not know what to do next. For many people, filing consumer bankruptcy can help provide a fresh financial start. Depending on the type of bankruptcy you file, you can fully eliminate all or a portion of your debts. But there...
While bankruptcy may clear away your debt, credit bureaus take bankruptcy as a sign that you have not been able to handle debt payments and will drop your credit score, perhaps as much as 200 points. However, this may not be permanent by any means. At some point, your...
Going through Chapter 13 bankruptcy may seem to close off financial options such as refinancing your home mortgage. However, this is not necessarily the case. Refinancing your mortgage may be possible, and at a time sooner than you think. According to U.S. News and...
Bankruptcy is shrouded in misinformation and misconceptions, creating a level of uncertainty and hesitation for those who might benefit from the service. When you already struggle with anxiety over your outstanding debts, misunderstandings about bankruptcy can...
Life easily gets complicated. For some people, that includes facing debt piling up. According to the United States Courts, 387,721 bankruptcies occurred in 2022. Although a last resort and often shrouded in negativity, bankruptcy also provides new beginnings. Creditor...
Facing wage garnishment can be a stressful experience. When an individual's financial situation becomes unmanageable, bankruptcy can often be a valid option to consider. While bankruptcy carries its own set of challenges and implications, it also offers some...
Most bankruptcies are not the result of financial recklessness. Instead, they are often caused by unexpected expenses or losses of income. Unfortunately, many people and companies feel that they have no other option than to file for bankruptcy every year. Total...
Bankruptcy is a process that helps many people clear their debts and start over financially. However, bankruptcy can be intimidating to people who do not know a lot about the process. One of the more common questions that people have is what will happen to different...
No one wants to be in a position where they must file for bankruptcy, and no one sets out to get in over their head financially. Unfortunately, sometimes circumstances outside their control need some help. However, those who find themselves in a position where they...
When you are unable to make your monthly mortgage payments, the lender will eventually take action in order to claim what they are due. This typically marks the beginning of the foreclosure process in which the mortgage lender seeks to resell your home. The threat of...