When you file Chapter 7 bankruptcy, it seems to turn your finances upside down. There are many rules that you must follow or you could end up in trouble with the court. The trustee in your case will give you instructions on various things, and what will happen with...
Stop Worrying. It’s Going To Be Ok.
Month: February 2021
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How to calculate your debt-to-income ratio
Your debt-to-income ratio is simply the amount of monthly debt you have relative to your income. If you do not know your ratio, you may be in for a surprise when trying to finance a home, car or anything else. That is, debt-to-income ratio is a major factor in most...
Do you believe these bankruptcy myths?
Maybe you still feel uncertain about filing for bankruptcy. Could believing in myths hold you back from experiencing financial relief? The American Bankruptcy Institute dives into common bankruptcy misconceptions. Do not let fairy tales stand in the way of doing the...