Chapter 7 bankruptcy is helpful if you cannot get out of debt. However, it is not a foolproof solution. There are many mistakes you need to avoid if you decide Chapter 7 is right for you. According to the United States Courts, 335,886 people filed for Chapter 7 in...
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Bankruptcy
How to rebuild credit after bankruptcy
When you file for bankruptcy, it will remain on your credit report for seven to 10 years. While filing for bankruptcy does damage your credit, there are ways to rebuild after bankruptcy. Get a secured credit card With a history of bankruptcy, you become a risk to...
Don’t let these 3 common bankruptcy myths keep you in debt
People say that knowledge is power, and when you understand how certain systems work, you can use them for your own benefit. Misinformation, on the other hand, could prevent people from taking the right steps to protect themselves. There is plenty of confusing or...
How to get debt relief from creditor judgments without filing bankruptcy
A variety of circumstances may lead to someone being encumbered in debt, such as an unexpected medical procedure or job loss. You may find it relatively easy to tackle a few of your smaller bills but struggle to pay off the other, larger ones. Your creditors will...
Bankruptcy could help you get your business back on track or shut its doors for good
Running a restaurant has its good times and bad. In the last year or so, the economy has been struggling. For many restaurant owners, this has meant an immense amount of financial pressure. As a small business owner, you may be interested in finding out more about...