Your debt has reached the point where you’ve determined that bankruptcy is the best way to reset your financial situation and get a fresh start. You’re also planning to get married soon. You may be embarrassed to tell your soon-to-be-spouse about your plans and even...
Month: December 2020
In bankruptcy, will your child lose everything?
A bankruptcy can be scary, especially if you’re worried about other people in your family and their possessions. Many people with children worry that a bankruptcy will affect their kids and result in their losing the assets that belong to them. You might be concerned...
You might be the victim of ‘debt parking’ and not know it
As you prepare to file for bankruptcy, you want to get copies of your credit reports so that you have a clear picture of who your creditors are and how much you owe them. What happens if you see a debt you recognize? Maybe there is a large overdue medical bill you...
Here’s why you shouldn’t be ashamed to go bankrupt
If you have put off filing for personal bankruptcy because you feel embarrassed or ashamed, it may be time to think again. For years, bankruptcy has had negative connotations amongst many people. Yet not everyone thinks that way. Big businesses have never shied away...
Will you lose your wedding rings and your grandmother’s silver in a bankruptcy?
A lot of people are afraid to file for bankruptcy protection because they believe that they’ll have to give up everything of value that they own in the process. As dire as their financial situation may be, the prospect of losing certain sentimental items -- like their...
Debt collectors may soon be tracking you down on social media
When you’re struggling with your bills, the sound of your phone ringing can be enough to make you grate your teeth together. You realize that it’s probably a bill collector. Opening the mail isn’t much better. There’s often a stack of unpaid bills and increasingly...