Bankruptcy is a legal process that provides individuals and businesses with a way to manage or eliminate debt. There are several types of bankruptcy, each designed for different financial situations. If you’re considering bankruptcy, you may find it helpful to...
Life has a way of turning upside down when you least expect it. You do your best to work hard, pay your bills and set something aside, yet one crisis can erase years of effort in a moment. For many people, bankruptcy does not come from poor choices with money. It...
The $2.2 trillion coronavirus relief package (CARES ACT), was enacted and signed on March 27, 2020, and saw payments go to millions of Americans. The one-time payments included $1,200 per adult, $2,400 per couple, and $500 per child. Individuals making $75,000 or...
As our country continues to respond to the challenges of the COVID-19 pandemic, it is important that people take the time to actively manage the effects of the pandemic on both their personal and business finances. Americans should consider to take steps now, to...
Divorce and bankruptcy are both areas that can be emotionally charged subjects for a person who is experiencing either one individually. Conflicts often arise when a person is simultaneously going through a divorce and bankruptcy, and a myriad of issues can arise...
There are many factors to be considered if you are considering filing either a Chapter 7 or Chapter 13 bankruptcy. The purpose of a bankruptcy is to enable a debtor to obtain a fresh start. However, the bankruptcy code still needs to balance a creditor’s rights to...