Dealing with the overwhelming stress of unmanageable debt is exhausting and scary. Feeling like you’re living on the precipice for days on end can leave your nerves frayed, and you might feel like you’re never going to be able to secure the future that you want. But...
If having too much debt has caused your stress levels to skyrocket, you probably appreciate having a dog by your side. After all, according to Johns Hopkins Medicine, companion animals reduce a person's production of certain stress hormones. Still, proactively dealing...
Record inflation and economic uncertainty is placing financial pressure on families across Florida. Unfortunately, the increasing cost of groceries and other expenses can lead to unavoidable debts that quickly become overwhelming. When debt becomes unmanageable,...
Recently, President Biden announced that the federal government would forgive up to $20,000 in student loans for some borrowers. Many people who have struggled to pay their student loan debt celebrated the news. Unfortunately for those borrowers, their financial fate...
Filing for bankruptcy under Chapter 7 prevents debt collectors from contacting debtors and garnishing their wages. After the case is resolved, a court order may clear medical debt, personal loans, credit cards and other unsecured debts. Spending money, in some...
For most residents of southeastern Florida, the decision to file a petition for relief under Chapter 7 of the United States Bankruptcy Code is an attempt to cancel as much of their financial obligations as possible. Still, a valuable section of the code is the...
During these trying times, for many in our state, debts are piling up. These include medical debt, student loan debt, credit card debt, etc. Times are tough, and when times are tough, our financial lives usually suffer. This is when bankruptcy may become a viable...
If you have decided to file for bankruptcy, you may have the option to file for either Chapter 7 or Chapter 13 bankruptcy. Chapter 13 bankruptcy differs from Chapter 7 in terms of eligibility criteria, as well as advantages and disadvantages. Eligibility Generally, a...
Some people considering filing for a Chapter 7 bankruptcy may assume that, when it is over, they will be completely debt free. However, this is not necessarily the case. While most debts are eligible for discharge, the U.S. Bankruptcy Code lists a few...
When you are considering filing for bankruptcy, please know you are not alone. Many Americans find themselves in a difficult place with debt and rising living costs, and one of the most powerful solutions is personal bankruptcy. One important facet of bankruptcy to...
