Identifying Early Signs of Personal Bankruptcy

Identifying Early Signs of Personal Bankruptcy

Managing finances can become overwhelming when we have multiple responsibilities to handle. We may believe everything is under control until unforeseen expenses emerge, leading us into a corner. During such circumstances, personal bankruptcy may be the only viable...
Know This Before Filing for Bankruptcy

Know This Before Filing for Bankruptcy

Sometimes difficult decisions need to be made because of unforeseen circumstances. Perhaps a loved one develops a terrible medical condition and bills from doctors and hospitals start piling up. You trim the fat off your expenses till there is nothing left to remove....
Understanding the Bankruptcy Process

Understanding the Bankruptcy Process

If you have ever had problems with your computer, you know that one of the first steps in troubleshooting is to shut it down, unplug it, and fire it up again. Sometimes a fresh start is what your system needs to work again. Filing for bankruptcy can give your finances...
Understanding Debt and Money Saving Tips for the New Year

Understanding Debt and Money Saving Tips for the New Year

If you find that your income isn’t paying your bills, it may be time to consider some of the more significant ways you may be able to save money this year. Every dollar you save provides a dollar that you can put toward paying down your debt, which is vital in...
Is Debt Consolidation a Good Idea Over Bankruptcy?

Is Debt Consolidation a Good Idea Over Bankruptcy?

There are over 537 million open credit card accounts in the United States with the average American having three credit cards.1 Credit Karma reported that their members had an average debt of $6,198 per member.2 That debt is only increasing as credit card interest...
The Top Reason People File for Bankruptcy

The Top Reason People File for Bankruptcy

The United States Courts reported that bankruptcy filings actually decreased by about 24 percent in 2021.1 This was attributed to increased government aid during the early days of the COVID-19 pandemic as well as government mandates which halted evictions and...