Divorce can create intense financial pressure on otherwise successful individuals. The cost of divorce, the need to provide support and the division of property can all significantly alter an individual’s economic circumstances. A recent divorce is one of the more...
Filing bankruptcy is a way that you can reclaim control of your finances, but it isn’t a magical tool that will suddenly make everything change. Instead, you’re going to have to do some work so you can rebuild your creditworthiness after the bankruptcy is over. One...
People who need to file for bankruptcy are often dealing with frequent contact from creditors. This can be stressful and disheartening, especially for those who know they need to pay their bills but simply don’t have the ability to do so. If you’re in this position...
Many people refer to Chapter 13 bankruptcy as a wage earner’s plan. The person filing for bankruptcy is not subject to the same strict income limits as people pursuing Chapter 7 bankruptcy. Filers also do not risk the liquidation of their property as part of the...
Like many people in the United States these days, you may have come to rely on your credit card for many things. If you know you need to file for bankruptcy, you may be concerned about whether you will ever be able to get a credit card again. While it will depend on...
