Top Tips for Healthier Finances
Do you wish you had healthier finances? Now is the time to rejuvenate your finances and improve your credit score. If you find yourself drowning in debts, you may be able to swim your way out by implementing some healthier spending and money management tips. When the bills become too much or you do not…
Filing Chapter 7? You Might Still Have to Pay toward Some of Your Debts
Filing Chapter 7? It is a common misconception that everything you owe is erased upon completion of a Chapter 7 bankruptcy. While many of your debts discharge, some debts do not go away – and failing to pay on those debts could result in further collection efforts. If you are considering Chapter 7 as your…
How Are Debt Consolidation Loans Handled during Bankruptcy?
Debt consolidation loans are advertised for those who are in over their heads in debt and want to take multiple payments and combine them into one. But how are debt consolidation loans handled during bankruptcy? Sometimes, they come from financial institutions, while other times they come from a consolidation agency. Regardless, the principle idea is…
Financial Mistakes That Lead to Bankruptcy – and How to Avoid Them
Life happens. And while there are some things out of your control (even financially), there are also ways to drive yourself closer to the point where you need to file for bankruptcy. Have you made financial mistakes that lead to bankruptcy? No one sets out in their adult years with the intention of filing for…
What Does It Cost to File Chapter 11 Bankruptcy?
What does it cost to file Chapter 11 bankruptcy? One common question attorneys receive when a client is considering bankruptcy is how much it will cost. After all, you are overburdened with endless debts and barely scraping by financially. While bankruptcy provides relief from creditors and liabilities, you still must pay for that relief. So,…
Debts You Keep Even after Filing for Chapter 7 Bankruptcy
If you plan to file for Chapter 7 bankruptcy, you might be under the false presumption that you will have all your debts erased and start over fresh. But there are debts you keep even after filing for Chapter 7 bankruptcy. While Chapter 7 does dissolve most debt obligations, there are some that stick around…
Prevent Filing for Bankruptcy Again by Following These Tips
Filing for bankruptcy the first time can be devastating. You feel as though you have failed yourself financially, and maybe failed your loved ones. It is embarrassing to get up in front of a judge and admit that you cannot pay your bills and you need a bailout. How can you prevent filing for bankruptcy…
10 Common Mistakes to Avoid Before Filing for Bankruptcy
No one goes through life with the intention of filing for bankruptcy. It is easy to make mistakes before and during the process. What are common mistakes to avoid before filing for bankruptcy? While these mistakes might seem minor, they could be detrimental to your bankruptcy case – and even result in a dismissal. It…
The Criteria for Filing for Chapter 7 Bankruptcy
What are the criteria for filing for Chapter 7 bankruptcy? Before October 2005, a bankruptcy court judge would decide who qualified for Chapter 7. This gave judges an exceptional amount of discretion, and often consumers who should not have filed for Chapter 7 were able to do so – instead of using Chapter 13 bankruptcy….
Tips for Cleaning Up Your Consumer Credit Report
Do you need help cleaning up your consumer credit report? Your consumer credit report can determine everything from getting approved for a home loan, to getting money for your education, to getting a job. Five percent of consumers in the United States have errors on their credit report that could lead to unfair denials, says…