The realization that you can’t pay all your bills each month can quickly put you into survival mode, which means you only pay what’s necessary to live. Late fees and negative marks on your credit report are likely going to affect you. For some people, the hope of...
People who have too much debt and can’t make payments often declare bankruptcy to help relieve them of their financial obligations. This often saves debtors from the long-term damages and consequences of unpaid debt. Otherwise, too much debt can hamper the ability to...
Many people think that bankruptcy is always the filer’s fault, but this isn’t the case. There are many reasons for bankruptcy that the person who’s filing couldn’t help. Understanding some of the reasons why people need to turn to bankruptcy may help them to decide...
One of the most common forms of debt relief people take is Chapter 7 bankruptcy. Chapter 7 bankruptcy is also called liquidation bankruptcy because many people have to go through a liquidation process to pay off some of their debt. Liquidation is the act of selling...
If you declare bankruptcy, there are two major categories that a lot of your debt will fit into. First, you have priority debt. Examples of this are things like student loans – at least, in most cases – child support payments, or back payments that you owe for taxes....
Being in debt can feel very overwhelming. It is not uncommon for individuals in this situation to bury their heads in the sand and hope it all goes away. Unfortunately, debts generally don’t just disappear. In fact, the longer they remain unaddressed, the worse they...
Personal debt can slowly accumulate over many years. It may have started with student loans while you got your degree. Then, because of your large student loan payments, you had to use credit cards to cover your basic cost of living expenses while establishing...
Realizing you don’t have enough money to pay your bills regularly is disheartening. When this occurs regularly, coming up with a plan to address this issue is a priority. One of these options is bankruptcy, but some people might not take this option seriously because...
College students often build up a lot of debt when taking classes. Student loans are one of the biggest ways students take on debt, however, people may pick up debt through other means. Students may be offered credit cards that can help easily pay for books, supplies,...
When you file for Chapter 13 bankruptcy, you will create a repayment plan for your debts. This is a legal tool that enables you to get out of debt. The repayment plan works, in some ways, like a short-term consolidation loan. It helps you restructure your debts for...
I know you are working diligently for me and my family. It means EVERYTHING to us, and you have been so gracious in your efforts.
Thank you for that, as well as your entire staff. Remarkable.
-Kevin M.
More Testimonials