Bankruptcy

Filing for bankruptcy can feel intimidating. You may assume it means forfeiting all your possessions. However, bankruptcy laws protect specific property categories to help you recover financially. Most people retain essential property Bankruptcy doesn’t force you to...

You find yourself in massive debt and thinking of filing for bankruptcy. But before you can do that, there is one necessary step to take—credit counseling. What is it? What does it have to do with your debt and bankruptcy? To fully understand why credit counseling...

Filing for bankruptcy is a deeply personal and often stressful decision. If you’re married, it’s natural to wonder whether you can keep that decision to yourself — especially if your finances are separate or you’re going through relationship challenges.  So, can you...

Filing for bankruptcy is a big step, and it’s common to wonder how long the process will take. Both Chapter 7 and Chapter 13 bankruptcies offer relief, but they follow different timelines. Understanding how each works will help you plan ahead and set realistic...

Wage garnishment can make it difficult to cover basic expenses. If a creditor takes money from your paycheck, you may wonder if filing for bankruptcy can stop it. Chapter 7 bankruptcy often provides immediate relief by pausing most collection efforts. How the...

Filing for bankruptcy can relieve overwhelming debt, but it does not erase all obligations. In both Chapter 7 and Chapter 13 bankruptcy, certain debts remain even after the case ends. Understanding which debts persist helps you plan your financial future. Debts that...

Bankruptcy can offer relief to people overwhelmed by debt, but deciding when to file can be challenging. Understanding the difference between Chapter 7 and Chapter 13 bankruptcy can help individuals determine the right time to consider this option. Signs it may be...

Filing for bankruptcy can significantly impact credit scores, but the type of bankruptcy filed—Chapter 7 or Chapter 13—may influence the extent and duration of the impact.  Individuals considering bankruptcy should understand how each option affects their financial...

Filing for Chapter 7 or Chapter 13 bankruptcy can feel like hitting the reset button. Though the process may feel overwhelming, life after bankruptcy can bring a fresh start.  These practical tips can help you get back on solid financial ground. 1. Create a realistic...

When facing foreclosure, homeowners often consider filing for bankruptcy to save their home. This is because filing for bankruptcy places an automatic stay on all debt collection activities against you.  The two most common types of bankruptcy for consumers are...