Blog
Feb. 29, 2024
Bankruptcy may seem daunting, but in reality, it's a legal process designed to help individuals and businesses regain control over their financial future. It's a way for you to address those overwhelming financial burdens that keep you awake at night.
Read MoreJan. 16, 2024
We understand that filing for bankruptcy can be an overwhelming process, filled with uncertainty and concern. This is especially true if you have a cosigner on your debt. You might be wondering what will happen to them and how this decision could impact their financial future.
Read MoreDec. 7, 2023
Reverse mortgages and bankruptcy are two complex financial concepts interconnected in various ways. A reverse mortgage allows homeowners, typically elder ones, to convert part of their home's equity into cash, providing financial stability. However, when financial hardship intensifies, leading to bankruptcy, the interaction between these two becomes critical.
Read MoreNov. 10, 2023
In the business world, there's no such thing as guaranteed smooth sailing. We all know that owning a business can be a rollercoaster ride with its ups and downs. There are times when financial hurdles become so overwhelming that bankruptcy becomes a necessary consideration.
Read MoreOct. 24, 2023
Are you considering filing for bankruptcy but worried that it will have an effect on your Social Security income? You’re not alone. Many people worry that bankruptcy will make them ineligible for benefits, and as a result, they put off taking action until their financial situation worsens beyond repair.
Read MoreSept. 21, 2023
Filing for bankruptcy is a serious step toward a more solid financial future. For many people, bankruptcy may be the only option to get out from under crushing debt. However, in some cases, the person who files for bankruptcy may not be the only one affected by the process.
Read MoreAug. 28, 2023
Chapter 13 bankruptcy allows you to consolidate and restructure your debt and pay your creditors back on your own terms within three to five years. However, completing your repayment plan under Chapter 13 is not always easy.
Read MoreJuly 21, 2023
Do you owe back taxes to the Internal Revenue Service (IRS) and wonder if filing for bankruptcy can make your tax debt go away? Millions of Americans owe back taxes, and filing for bankruptcy is often one of the options to clear tax debt. However, everyone’s situation is unique, which is why you may not know which chapter to choose if your goal is to eliminate tax debt.
Read MoreJune 8, 2023
Understandably, people have a lot of apprehension and questions when they’re considering filing for bankruptcy. While this is a big decision to make, it doesn’t have to be a scary one, and in almost all cases, you’ll be better off financially after the process is completed.
Read MoreMay 11, 2023
If you’re already in the process of completing a Chapter 13 bankruptcy repayment plan, you know how hard it was to get to this point. Also, you recognize the importance of addressing your financial issues in a way that will set you up for future success.
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