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...
Month: November 2022
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Common confusion between Chapter 7 and Chapter 13 bankruptcy
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...
Bankruptcy isn’t likely the filer’s fault
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...
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