Every household in the United States understands the delicate balance when it comes to financial health. While debt is not necessarily bad, too much debt can leave a family struggling to get back to a state of financial stability. The debts begin to squeeze them dry, hurting their credit scores, leaving them with little to […]

The term “bankruptcy” has taken on a negative connotation. Many individuals feel ashamed to admit that they need help re-establishing secure financial wellbeing. Due to the taboo nature of bankruptcy, there are some misconceptions and confusion surrounding chapter 7 and chapter 13 bankruptcy. If you are currently considering using bankruptcy to solve your financial troubles […]

Bankruptcy may be necessary when an individual’s financial wellbeing is strained due to an overwhelming debt to income ratio. When it gets to this point, bankruptcy is an option that can help individuals hit refresh on their finances and get a fresh start. While these cases are often stressful and emotional for the individual and […]

Bankruptcy is a term that makes many people uneasy, but it can be a fresh start for those who need it. At the end of the bankruptcy process, a bankruptcy discharge is ordered by the court. This order is created to relieve the individual of any obligation to repay the debts that fall under the […]

Bankruptcy cases can be confusing and difficult for individuals seeking them out. Some debts cannot be discharged under a personal bankruptcy case and others are extremely difficult to have discharged, such as student loan debt. In some cases, there are times when a court may deny your entire discharge. In other words, your bankruptcy case […]

When people are in financial turmoil and have no other options, filing for bankruptcy can help give them the break they need to get a fresh start. What is bankruptcy? How does it work and what are the effects once the term of bankruptcy is over? This article aims to answer these questions to help […]