Are you having financial problems and thinking about filing for bankruptcy? To help you keep your options open, you need to know there are some things you should do and some things you shouldn’t do. In many cases, some actions may either limit your options or put your...
The bankruptcy process in the United States is a legal proceeding, handled in federal courts, that is designed to allow individuals or businesses freedom from their debts, while simultaneously providing creditors an opportunity for repayment.2 There are a number of...
It has never been easy to save for retirement with so many demands on our paychecks throughout the years. Getting married, buying a home, raising children, and sending those children to college are just a few of the things that have a major impact on the money we have...
In May of 2021, the United States Courts published an article stating that bankruptcies filed in March 2021 totaled 473,349 compared to 764,282 from the previous year. However, some believe this could be because the courts shut down in-person proceedings. Another...
When you file for bankruptcy, you expect all of your debts to be discharged. However, this is not always the case. Non-dischargeable debts are debts you can’t eliminate in bankruptcy because the U.S. Bankruptcy Code doesn’t allow it. If you have non-dischargeable...
In March 2020, federal student loan payments were suspended through September 2020 and then the Biden administration extended that date through January 31, 2022. This moratorium affected nearly 42 million people and the Federal Reserve estimated that in the second...
