One of your resolution at the start of the year may have been to actually make yourself a personal budget and stick to it. It’s not as easy as it seems, though. Personal budgets sound good in practice and may even seem very easy to start out but they can get blown...
If you feel like you’ve hit rock bottom by filing for personal bankruptcy, you’re not alone. Non-business bankruptcy cases totaled 752,160 in 2020, according to the Administrative Office of the U.S. Courts. So how can you bounce bank from personal bankruptcy?...
Are you drowning in credit card debt? Are you constantly receiving phone calls requesting payment for past due medical bills? If your outstanding debt is putting a burden on your financial, physical, or mental well-being, it might be time to consider filing for...
Bankruptcies occur with staggering frequency. They typically result from one of five causes: medical expenses, job loss, excessive use of credit, divorce and unexpected expenses. When these issues result in unmanageable debt, personal bankruptcy is often the only way...
These days, more and more Americans find themselves living on the edge. Though we are amid the longest economic recovery in American history, wages have failed to keep pace with growth. In addition, many households carry high debt burdens, and when a financial...
There is a surprising trend in U.S. personal bankruptcies: The rising number of senior citizens petitioning for relief has risen to never before seen proportions. In 1991, a minute percentage of bankruptcy filers were over 65. Now, seniors account for more than 10% of...
