How to Handle Bankruptcy
The Most Common Causes of Bankruptcy

The rates of personal bankruptcy have climbed significantly over the past few years. In fact, according to U.S. bankruptcy court statistics, over 1.5 million people file for bankruptcy every single year. And about 97% of those bankruptcy filings are made by individuals, not businesses. With the financial state of the nation and all of its […]

Save Money by Buying Less

Have you heard the conservationist slogan, “Reduce, Reuse, Recycle”? I actually remember watching a film in elementary school featuring cartoon dinosaurs singing the slogan out. I think that it’s a phrase that most of us are familiar with, but somehow we perform some mental simplification to think of it as merely “Recycle!” Often, we forget […]

Steps to Take Before Considering Bankruptcy

Debt is an increasingly large part of our society today, and presents a burden to such a large number of people that it is completely unprecedented in human history. Debt isn’t inherently bad, as it has enabled a faster cycle of wealth throughout our economy, which is a boon for everyone. However, large and crushing […]

Are You Interested In Investing In Wine? Use These 10 Tips!

Wine can be a great investment if you know what you’re doing and these tips are there to help you do just that. 1) Purchase Wines With A Secondary Demand Around The World: Many wine fund managers love sticking with Bordeaux, since the entire planet is now aware of the dominant Chateaux. You don’t have […]

What Types of Debt Get Wiped Out in Bankruptcy?

Before you decide to file, you need to know what types of debt get wiped out in bankruptcy and what debts will remain. Too many people mistakenly believe that bankruptcy will give them a completely clean slate but that isn’t true. Here is what you need to know. Debt Wiped Out in Bankruptcy The leading […]

What to Know About the Bankruptcy Means Test

Bankruptcy is a complex situation that some people feel that they need to go through with for various reasons. However, a lot of people might not have known that they have to qualify for a Chapter 7 bankruptcy and it can cost you more money to file that you ever thought possible. These stipulations and […]

Keeping afloat if you have filed Chapter 13 bankruptcy

For some filing bankruptcy is the ultimate release and for some the ultimate failure. For, bankruptcy has a huge negative impact on your credit. It is going to take time for you to re-build the credit, so that you can obtain a new one soon. However, bankruptcy is not the end of the world. If […]

Rebuild your finances post bankruptcy – Every cloud has a silver lining

The present economic crisis has caused thousands of Americans to lose their homes and declare bankruptcy. Though there is no shame in filing bankruptcy and a debtor gets a fresh new start by filing the same, yet it is a tiring and a cumbersome process that leaves most debtors in a state of shock and […]

Three Alternatives To Filing For Bankruptcy

Filing for personal bankruptcy is not a decision that should be taken lightly. It may seem like the best option for someone who is hopelessly in debt but it does have serious repercussions. Although it will alleviate the majority of your debts (student loans and certain forms of tax are not cleared), it severely affects […]

Understanding the Four Chapters of Bankruptcy

If you have trouble paying off your debts, bankruptcy is one of the options that you may have to consider. Bankruptcy enables you to eliminate your debts and give your financial life a whole new beginning. Before you decide to file for bankruptcy, it is important that you learn more about the legal aspect of […]

Tips for Preventing Bankruptcy

When you are overwhelmed by your debt, filing for bankruptcy seems to be the only solution. While bankruptcy can help you get rid of most of your debts, it puts you in a position where you have to start building your financial life all over again. It can also make the process of financial rebuilding […]

The Pros and Cons of Bankruptcy

Nobody wants to face the situation of having to file for bankruptcy, but an increasing number of people are forced to consider this option in these troubling times. The rising cost of living and decline of the job market have made the present era one of the most difficult financial periods in modern American history. […]

How to Find the Right Bankruptcy Attorney

Filing for bankruptcy can be a daunting task for those who are unfamiliar with legal matters. It involves intricate paperwork and procedures that can only be properly handled by a bankruptcy attorney. A bankruptcy lawyer performs a wide variety of tasks to ensure that you will have peace of mind throughout your bankruptcy case, ranging […]

Overview of Bankruptcy

Bankruptcy in modern terms, is a legal status of an individual or organization, when incapable of paying back debts to creditors. The meaning of the word hasn’t changed much compared to its origins: the word bankruptcy comes from ancient latin, meaning broken bench or table. This neology is used, because bankers had benches at public […]

Making the Decision to File Bankruptcy

Making the choice to file for bankruptcy can be one of the most difficult decisions for anyone.  During tough times, some may believe that bankruptcy is the only option.  Before filing for bankruptcy, make sure that you have explored all of your options first so that you can make the decision knowing that you have […]