When you are having trouble paying your bills, the last thing you need is for a credit counseling agency to add to your problems by taking your money and not providing the services you expected. It’s important to your wallet and your financial future to take the...
COVID-19 has resulted in many households facing economic damage that would have been inconceivable before the pandemic. Many lost their jobs and had to go on unemployment; however, often, even with enhanced benefits, unemployment compensation has not been enough to...
We are well into a New Year, and resolutions to get control of finances are often at the top of most resolution lists and in full motion. This is especially true if you are in financial trouble and contemplating bankruptcy. Whether or not bankruptcy is in your future,...
The choice between a Chapter 7 and Chapter 13 bankruptcy depends on the client’s financial situation, legal obligations and future plans. A Chapter 7 allows for the complete discharge of most debts. The client gets a fresh start. A Chapter 13 requires debts be repaid...
There is a lot to know before you make a decision about any type of bankruptcy filing. The two most common bankruptcy filings are Chapter 7 and Chapter 13, with Chapter 7 being the option chosen the most.1 The most basic difference between the two types of filings is...
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...
