Wise Bankruptcy Decisions Involve More Than the Amount of Debts

By |2021-10-25T22:00:48+00:00October 25th, 2021|Bankruptcy|

When people review options to address a ballooning total of money owed, they often wonder about any minimum or maximum amounts of debt allowed for filing bankruptcy. Perhaps because media accounts often focus on high-profile bankruptcy cases, the idea that you need significant debt to [...]

If You’re Taking the Bankruptcy Path, Avoid the Fraudulent Transfer Trail

By |2021-10-12T20:41:39+00:00October 12th, 2021|Bankruptcy|

Like many life-changing events, bankruptcy affects every person differently. Some individuals enter a state of shock or depression. Others feel resentful of the process, including the forms to fill out with required personal and financial information. As a result, even though attorneys and the court [...]

Bankruptcy Provides Advantages for Financially Trapped Individuals

By |2021-09-13T21:43:06+00:00September 13th, 2021|Bankruptcy|

Most people rightfully approach the idea of filing for bankruptcy with a great deal of trepidation. While there are benefits and drawbacks to embarking on this legal journey, such a serious step deserves careful consideration. When the stress of dealing with persistent creditors and trying [...]

When Divorce and Bankruptcy Intersect, Ex-Spouses May Pay a Price

By |2021-06-23T18:26:12+00:00June 23rd, 2021|Bankruptcy|

Divorce and bankruptcy proceedings often intermingle as threads of cause and effect. Financial problems and stress certainly contribute to marital problems, and a husband and wife who experience troubles meeting expenses for one household will probably have difficulties surviving the costs of a divorce and [...]

What NOT To Do Before Filing Your Bankruptcy Petition

By |2021-05-10T17:49:17+00:00May 10th, 2021|Bankruptcy|

If you are contemplating a bankruptcy claim, you probably know this process includes complex regulations balancing debt relief for the petitioner and fairness to the creditors. The court entrusts a bankruptcy trustee with reviewing details and carrying out regulations during proceedings. It's vital to understand [...]

Unsecured Versus Secured Debts

By |2021-04-13T23:01:25+00:00April 13th, 2021|Bankruptcy, Debt|

Have you ever wondered why people talk about credit when they actually refer to debt? Your credit score is partially a measure of your demonstrated debt repayment. When it comes to debt, there are two main categories: secured and unsecured. This article explains the difference [...]

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