You might not know this, but sometimes people file a Chapter 7 bankruptcy more than once in their life. For example, many people encounter new hardships after bankruptcy. They may lose their job or suffer a severe injury that leads to expensive medical bills. In the...
Year: 2022
4 signs that bankruptcy might be on the horizon
While the outcome of financial peril is the same, hundreds of thousands of Americans each year reach this dangerous point in different ways. Whether it was divorce, medical emergency or home repair, it is not uncommon for a single event to spell financial disaster....
3 reasons people choose Chapter 13 bankruptcy
At a casual glance, a Chapter 7 bankruptcy probably seems much better than a Chapter 13 bankruptcy. After all, it is fast and does not require that you keep making payments to your credit card companies and other creditors. However, Chapter 13 bankruptcy is popular...
What happens with utility bills when you file bankruptcy?
Filing for personal bankruptcy can be a fresh start for you if your debts have gotten out of control. Being overwhelmed by constant calls from debtors and utility companies can cause you a lot of anxiety. When you file for bankruptcy you will be granted an automatic...
Who ends up filing bankruptcy?
If you’ve recently considered filing bankruptcy, you aren’t alone. Georgia is third in the nation when it comes to bankruptcy filings. The reality is that bankruptcy is something that can happen to anybody. No matter where you are currently in life, unexpected things...
Can bankruptcy affect your ability to get a job?
If you’re considering bankruptcy to get out from under overwhelming debt, you’re likely weighing the pros and cons. To do that effectively, you need accurate information – not just things that you’ve heard from others about what happened to them or someone they know....
Facing repossession? You may have options to avoid losing your car
If you need your vehicle to get to work or to take care of your personal responsibilities, it can be upsetting to know that someone is trying to repossess it. You may have fallen behind on your bills or be struggling with debt, but you may still need that vehicle to...
Why could bankruptcy be good for your health?
Being unable to pay your debts can do a lot of harm to your credit score. Yet, that might turn out to be the least of your concerns. People have killed themselves over debt before. While most people do not, many suffer emotional damage because of excessive debts. ...
Staying positive after bankruptcy
Bankruptcy can be viewed in a negative light but the truth is many people are often left with no other choice. Millions of people across America are struggling merely to pay their household bills. So, if you find yourself in this situation, you are not alone....
Costly mistakes to steer clear of when declaring bankruptcy
Bankruptcy is a legal proceeding that involves individuals and businesses that are unable to honor their financial obligations to their creditors. Bankruptcy can release you from your debts, provide much-needed debt relief and give you a fresh start. However, it is...