Nobody ever wants to lose their home. Unfortunately, when people lose their jobs, or when the real estate market crashes, they struggle with paying back very hefty mortgages. When you fall back on your payments for your home, chances are you may exhaust all options...
Stop Worrying. It’s Going To Be Ok.
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It’s easier than you think to qualify for Chapter 7 bankruptcy
If you've been dealing with reduced income, expanding debt or collection calls, you're probably feeling quite stressed out. You may know that Chapter 7 bankruptcy offers relief for those with debt-related financial issues, but you may think it couldn't possibly work...
Hiding assets in a bankruptcy may lead to criminal charges
If you're considering filing for personal bankruptcy, it is important to do your homework on the process before moving forward. Planning properly for bankruptcy is one of the most important portions of the process, but many individuals who choose to use bankruptcy for...
3 tips for dealing with collections
The first of the month is right around on the corner and rent is due. You barely have enough cash to pay your landlord and still go pick up groceries for the week. But, you have a credit card. It won't hurt to use it this one time to buy food to get you through to...
Signs bankruptcy is your best bet
Overwhelming debt is a common problem not limited solely to the Memphis area. People across the country are underwater due to trying to make ends meet. The combination of low wages and continuously increasing living expenses is generally responsible for the mounting...
What can Chapter 13 do for you?
The term "bankruptcy" is often used broadly to refer to government assisted discharge of debt, but the law actually offers a few options for the consumer to consider. Most commonly, individuals who pursue bankruptcy choose either a Chapter 7 liquidation or a Chapter...
Did the Affordable Care Act reduce personal bankruptcy?
During the last six years, fewer Americans have filed for personal bankruptcy. In fact, according to research by Consumer Reports, bankruptcies have declined by 50 percent. According to Consumer Reports, this decrease is partially the result of the Affordable Care...
Are you familiar with the top benefits of Chapter 7 bankruptcy?
If you have reason to believe that Chapter 7 bankruptcy is the best way to escape financial trouble, you owe it to yourself to learn more about the process. As you compare the pros and cons of filing, you'll soon realize if this is something that could put you in a...