Understanding Bankruptcy Cases and Outcomes

Means To An End: What To Know About Bankruptcy Means Testing

29 August 2017

When you are considering a bankruptcy filing, you should take into consideration all facets of this legal act and have a full understanding of what is involved. Moreover, a chapter 7 bankruptcy filing will impact your ability to get more credit for many years, so it should not be an impulsive move. In most cases, financial hardship drives most to make that big decision, and there are few things more efficient than a bankruptcy filing to eliminate debt and put an end to both debt collection efforts and lessen the potential for losing property.

Before Bankruptcy: What To Consider

17 July 2017

When the stress from your bills and financial life are so overwhelming that you can't take it anymore, bankruptcy can seem like a welcome solution. However, to truly recover from this period in your life, you'll need the information and tips here before you even complete your bankruptcy petition. Know that All Your Debts Might Not Disappear A common misconception about bankruptcy law is that every single debt you've got will be cast aside once you complete your bankruptcy petition.

Thinking About Bankruptcy For Credit Card Debt? What You Need To Know

8 June 2017

The average American household has somewhere around $17,000 in credit card debt. However, some people have debt that far exceeds this amount. If you happen to fall in the latter group, bankruptcy may be an option that can offer you some relief, but there are some things you need to know if you're considering this decision. Talk To The Bank First Bankruptcy should never be your first resort. While it can help you avoid financial ruin by eliminating your debts, it does come with short and long-term consequences.

How Chapter 7 Bankruptcy Deals With IRS Tax Liens

7 May 2017

Filing Chapter 7 bankruptcy is a good option if you want to get out of debt without repaying all the debts you owe, but it has limits. In other words, Chapter 7 bankruptcy will not usually eliminate all the debts you have, and it may not eliminate IRS tax liens you have on your house. Here are a few things you should understand if you have IRS tax liens on your house and are planning on filing for Chapter 7 bankruptcy.

Everything You Need To Know Before Filing Bankruptcy

6 April 2016

If you're looking for debt relief and considering filing bankruptcy, you aren't alone. Determining whether or not to file bankruptcy is a huge decision. Before proceeding, you need to make sure it's the right option for you. In order to do this, you need to know if you qualify for filing bankruptcy, if your bankruptcy will benefit you in the future, and what other debt relief options are available. So, before you contact a bankruptcy attorney, learn more about your options so that you can make the right decision for your family.

3 Major Credit Tips

8 April 2015

As a person wanting to make the most of their finances, you owe it to yourself to get a great handle on credit and make the most of it. Your credit score and availability can work in your favor, but if your credit rating is poor it can cause you a lot of heartache. Because of this, you'll need to internalize some practical tips to keep you on the positive end of things when it comes to credit.