Tag Archives: Chapter 13 bankruptcy

The word bankruptcy may bring about feelings of financial ruin or destitution. However, more people file for bankruptcy than you might expect, especially during these uncertain times. A lot of people have lost their jobs as a result of the COVID-19 … Continue reading

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Getting a divorce can be stressful, not only emotionally, but financially as well. If one spouse did not work during the marriage, the thought of being on his or her own can be particularly daunting. In some marriages, one spouse … Continue reading

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There are many ways a person can build up debt that he is unable to repay. An individual may accumulate multiple high-balance debts, such as a mortgage, auto loans, medical bills, or credit cards. Whether it is due to poor … Continue reading

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For many families today, divorce and bankruptcy tend to go hand-in-hand. Every situation is different, but divorce may occur as a result of financial strain, or a separation may result in economic pressure for both spouses. Regardless of what starts … Continue reading

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When finances get tight, most people take an in-depth look at each of their monthly expenses and consider cutting out what they do not need. If, after making adjustments to your budget, you still cannot make ends meet, you may … Continue reading

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Getting behind on your bills due to unforeseen life events takes a toll on both your credit score and your emotional well-being. When your vehicle becomes repossessed, it may feel like the world has collapsed around you. How are you … Continue reading

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Divorce can be stressful for anyone, but it becomes especially difficult when a couple is struggling with financial difficulties during the breakup of their marriage. When spouses are facing overwhelming debt, bankruptcy may be their best option, allowing them each … Continue reading

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Retirement is often considered a chance to sit back and relax—a long-awaited opportunity to spend time with your grandchildren, take a dream vacation, or busy yourself in the garden. However, your pension may not have gone as far as you had … Continue reading

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Many people mistakenly assume that bankruptcy is financial suicide. However, the truth is that bankruptcy has helped millions of Americans start their path toward a debt-free life. There are several chapters of bankruptcy, with Chapters 7 and 13 being the most … Continue reading

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Each year, thousands of Americans file for bankruptcy as part of their efforts to gain financial control. The bankruptcy process can give debtors a fresh start while also teaching invaluable lessons related to financial management. In many cases, debtors must choose between … Continue reading

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