Bankruptcy represents the opportunity for a fresh start for those who cannot get out from under crushing, out-of-control debts. Countless phone calls from debtors fill voicemail boxes can end the moment a consumer files for Chapter 7 or Chapter 13. The student loan...
If you are struggling with debt, you are probably the only one accountable for your outstanding amounts because the debts are in your name. As a result, only you have to worry about your student loans, your credit cards and your home or car payments. However, if...
When going through the process of filing for bankruptcy and handling debts and debt collection, it is easy to feel overwhelmed and out of your depth. Thus, you can start with the basics and build your way up from there, learning more as you go. This is a good way to...
Under Florida’s equitable distribution laws, divorcing spouses divide their assets and liabilities fairly. Brides.com notes that courts in an equitable distribution state may order the spouse who benefitted most from a debt to take responsibility for it. If you and...
Older employees who lose their jobs could have a rough time finding a new one. According to a national poll on healthy aging noted by the AARP, nearly 82% of respondents over age 50 experienced age discrimination. Survey participants also claimed to face prejudice and...
Sometimes referred to as reorganization, Chapter 13 payment schedules may last between 36 and 60 months. If you can make on-time payments for a maximum of five years, the court may discharge the balance of your debts, as noted by Bankrate.com. When filing, petitioners...
Any number of factors may result in people with regular income to still struggle with their finances. In order to achieve a fresh start, they may consider options, including filing for Chapter 13 bankruptcy. While other options may require people to give up their...
Handling debt collector harassment is already enough of a trial in and of itself, but did you know that harassing behaviors are not the only potential issue you may run into? Misrepresentative behaviors also fall under the list of matters the Fair Debt Collection...
Bankruptcy is often the option of last resort. When people become overwhelmed by debt to the point they are drowning in financial obligations; sometimes bankruptcy may be the only viable solution. There are some common myths associated with filing for bankruptcy. Many...
Many Florida residents may worry about their finances, but they may think that bankruptcy is not a good option for them. However, there are times when people may want to think about bankruptcy.Bankruptcy may be a good option in several circumstances. According to...
