Everyone goes through tough times, but it seems some people get hit a little bit harder. Misfortune after misfortune can make it hard to keep their head above water. For these people, bankruptcy may seem like the best option, but knowing which type of bankruptcy to...
Going through a divorce is never easy, especially when financial stress is already part of the picture. When bankruptcy enters the equation, things can quickly become more complicated. You might be wondering how filing for bankruptcy will impact the assets you worked...
One of the most disheartening things to go home to after a hard day at work is a bunch of collection demands in your mailbox, inbox or voicemail box. It’s difficult to have to deal with the constant reminders that you owe money but can’t make the payments, despite...
Filing for Chapter 7 bankruptcy can offer substantial relief from overwhelming debt, but it doesn't eliminate all financial obligations for everyone involved. If someone has co-signed a loan with you, they may still remain financially responsible. Understanding how...
When a lender forecloses on a property, the sale may not cover the full amount owed on the mortgage. In Florida, the lender can pursue a deficiency judgment to recover the remaining balance. If you face foreclosure, it helps to understand what a deficiency judgment...
You’ve filed for Chapter 13 bankruptcy. You’ve followed your three to five-year repayment plan, stuck to your budget, and are waiting to recover your debt. But then, you find out that some debts are still there. What’s going on? Welcome to the world of...
If you’re like many people, a car is more than just transportation. It’s how you get to work, care for your family, and manage daily responsibilities. The threat of repossession adds pressure when money is already tight, but Chapter 13 bankruptcy may provide a way to...
Struggling with mortgage payments and facing foreclosure feels overwhelming. Chapter 13 bankruptcy lets you keep your home by reorganizing debts and creating a repayment plan. It allows you to catch up on overdue payments, but how does it work? Understanding this...
Recent changes to student loans have left many students and parents feeling uncertain about the future. The suspension of certain repayment plans and modifications to loan forgiveness programs have caused confusion and concern. It is a confusing time, but...
When facing bankruptcy, you may worry about how your assets will be treated. One common question that arises is whether life insurance is exempt from the bankruptcy process. The short answer is yes, but you should understand the details. Knowing how life insurance...
