No one ever dreams of filing for bankruptcy, even if they reach a point where they cannot pay their bills. But it’s essential to remember that most people don’t accrue overwhelming debt overnight, and it’s usually not a result of negligence. Millions of Americans face...
A lot of people start to worry when they look into Chapter 7 bankruptcy. It is true the process involves selling some of your belongings and assets in order to pay off portions of your debt. But it is not a free-for-all. You won’t have a stranger waltz into your home...
Buying a home may seem impossible after bankruptcy. That's because lenders are often skeptical of consumers with black marks on their credit report. Some may wonder if they’ll be reliable when making mortgage payments. However, most Americans who declare bankruptcy...