General Bankruptcy Topics

If you have credit cards or loans and feel you no longer have control, you are not alone. Many Americans feel this way but do not recognize that bankruptcy can help. People tend to feel shame when they cannot afford to pay off their debts. However, most people...

Filing for bankruptcy can have a significant impact on your creditworthiness and financial standing. However, it is important to remember that bankruptcy is not the end of your financial journey. With dedication and responsible financial habits, it is possible to...

Depending on if you have been making consistent payments on your debts, bankruptcy will likely significantly impact your credit score in the short term. However, if you are at the point where you are seriously contemplating filing for bankruptcy, you probably already...

As you have probably noticed, virtually everything costs more now than just a couple of years ago. In fact, according to reporting from Time, inflation has kept the prices of everyday items at near record levels. If you do not have enough cash to pay for gas,...

If you are a parent, you may have thought your financial obligation to your children would end when they became adults. Still, according to Prudential, roughly half of American adults say they are struggling financially. If your children are in this group, they may...

Most people know that divorce puts additional stress on a person's finances. This could lead to bankruptcy during an especially challenging time. A few facts could help a person cope when faced with both marital and financial difficulties. Handling both at the same...

Dealing with debt collectors is not the most fun thing. It becomes even more harrowing when up against a debt collector who refuses to abide by the Fair Debt Collection Practices Act (FDCPA). The ways in which a debt collector may avoid abiding by the FDCPA can differ...

Getting behind on your bills can be incredibly stressful. Concerns about keeping your home, your car and your way of life can keep you up at night. Creditors who constantly attempt to collect on bills you have no way to pay do not help lower your stress. One of the...

If you struggle to stay on top of your bills every month and feel like you will never get out of debt, bankruptcy may be a helpful option. There are two types of consumer bankruptcy, which include Chapter 7 and Chapter 13, and filing may help you move forward...

Collection calls may at first cause a nuisance, but they may soon become a bigger issue. When debtors want to collect, they may take legal action against you. If this is where you find yourself, you may want to consider filing bankruptcy. Unlike years ago, the legal...