What Type of Bankruptcy Can Help Stop Foreclosure
You may think if you file for bankruptcy that you’ll be forced to give up your home. Think again. Not all types of bankruptcies are the same, and depending on your circumstances, you may be able to protect your home from foreclosure and still get the financial help you need. Read on to learn more. Chapter 13 […]
10 Things You Should Know About Chapter 13 Bankruptcy
Declaring bankruptcy can be a very frightening thought, but it can also provide significant benefits to those who need it most. Instead of continuing to pile on debt, those with financial turbulence get a chance to have some of the debt forgiven. Here are ten things you should know about chapter 13 bankruptcy: #1 – Chapter 13 bankruptcy […]
These Are The Debts That Cannot Be Erased By Declaring Bankruptcy
Declaring bankruptcy in Alabama can be very helpful if you are facing serious financial ruin. Doing so can help you take control of your finances so that you don’t continue to spiral into debt. However, before filing bankruptcy, it’s important to keep in mind that not all types of debts may be erased just for filing. These […]
What Can I Lose if I Declare Bankruptcy?
The idea of filing for bankruptcy can be a frightening and daunting thought, but it’s important to keep it all in perspective. Not filing for bankruptcy can be far more harmful than taking control of your finances, even if it means you must file for bankruptcy. While filing for bankruptcy may result in the loss of some of your […]
This Is How Bankruptcy Affects Your Credit Score
Declaring bankruptcy has the potential to impact your credit score more significantly than any other single financial event. Negative impacts on your credit often make it more difficult to obtain credit in the future. Read on to learn how declaring bankruptcy can impact your credit score. Your FICO Credit Score Most lenders rely heavily on your FICO […]
8 Reasons Why Filing Bankruptcy May Be Right For You
Filing for bankruptcy is a big decision that should not be taken lightly. However, if you have incurred more debt than you can afford to repay, filing bankruptcy may be your only recourse. Keep reading to learn eight reasons why filing bankruptcy may be your best option. 8 Reasons to File Bankruptcy #1 – You are […]
Are Bankruptcy Records Public?
If you’re considering bankruptcy, you may wonder whether these documents are part of the public record. The short answer is yes, bankruptcy records are accessible by the public. Public Records and Bankruptcy First, it’s important to point out that everything other than confidential information that’s filed in a bankruptcy case is public record. Essentially, your bankruptcy […]
When Is The Best Time to File For Bankruptcy?
If you have debt issues, you may consider filing bankruptcy. If you’ve weighed your options and have decided that bankruptcy is the best option for you, then your next question is likely, “when should I file?” Keep reading to learn information that should help you make that decision. Reasons to File Bankruptcy Right Away One primary […]
Will Bankruptcy Impact My Spouse?
If you’re going through financial difficulties and you’re married, you may wonder whether filing for bankruptcy will have an impact on your spouse. Read on to learn the answer and more. Filing For Bankruptcy If you’re married, you may file for bankruptcy as an individual, without your spouse. Regardless of whether you file individually or […]
Coronavirus Bankruptcy?
These really are unprecedented times. Our country has been through wars, recessions, and depressions. But a virus? This little bitty “bug” has wreaked havoc on our lives, not to mention our economy. If you think you have not been affected financially by this pandemic (or won’t be in the future), think again. Experts say that […]
