American households face a tsunami of debt. Prior to the pandemic, credit card balances were already at record levels, as were auto loans. Just 12 years after the housing crisis, mortgage debt has eclipsed pre-recession levels. Then the pandemic arrived. Though the...
When you are thinking about filing for bankruptcy a common concern is what your financial life will be like after your bankruptcy is approved by the courts. Having accurate information on the effects of a bankruptcy is a vital piece of the whole picture when you are...
With the economic chaos brought about by COVID-19, millions of once financially secure Americans have been forced to think about bankruptcy. Many households who are feeling the pressure include seniors who rely on Social Security. If you receive Social Security, it’s...
In a bad economy, personal bankruptcies become commonplace, even amongst people who never thought they could go bankrupt. The COVID-19 era has brought the United States depression-level unemployment, leaving millions of households facing insolvency. If the economic...
Legally you do not need a lawyer to file for bankruptcy. Individuals can file for bankruptcy without a lawyer. This is called filing pro se. The forms you need to file can be obtained from your local court. While filing the paperwork may appear relatively easy to...
We get a lot of counseling these days. There’s individual therapy, group therapy, organizations for like-minded people, couples’ counseling, you may be surprised to find out there is even counseling for your finances. Your relationship with your finances is important...
