Tag: Bankruptcy
Financial Survival: Four Steps to Rebuilding Your Nest Egg
It can take a long time to build an initial nest egg for retirement or the purchase of a home. Volatile markets, medical emergencies and debt can wipe away a nest egg in a much shorter amount of time. It is important to start rebuilding lost savings as soon as possible. Four steps will help […]
5 Questions to Ask a Bankruptcy Attorney
Financial times are difficult for many people in the current economy. The poor economy has forced many people to experience a large amount of debt due to many reasons. Layoffs, student loans, credit cards, poor business decisions, health issues, and a number of other unfortunate circumstances can easily lead one to financial troubles. When debts […]
Bankruptcy Myths Busted: What You Need to Know
In a weak economy, there’s often a lot of confusion about the facts of bankruptcy, but don’t assume everything you hear is true. By becoming educated on the ins and outs of bankruptcy, it will make for a smoother process when considering the financial decision in your own life. Bankruptcy Erases All Debt Although filing […]
How to Start the Chapter 7 Bankruptcy Process
When it comes to money, you need to make sure that you are aware of all the facts. Bankruptcy is not something that most people want to declare, but sometimes there is no other choice. Debt can end up getting too big and therefore it is important for you to take a look at what […]
Should I Declare Myself Bankrupt?
Usually the last resort for any person up to their ears in debt, bankruptcy is fairly unpleasant. Anyone could potentially find themselves in this situation; whether a creditor has filed for forced bankruptcy or you’ve applied for it yourself. However, it may not be your only option. Obviously, the appeal of bankruptcy is that you […]
What is Bankruptcy?
Bankruptcy is considered the option of last resort because the results are long-lasting and far reaching. People who follow the bankruptcy rules receive a discharge — a court order that says they don’t have to repay certain debts. However, bankruptcy information (both the date of your filing and the later date of discharge) stay on […]
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