If you are contemplating filing for personal bankruptcy there is probably one big thing stopping you from going ahead. Most people tend to feel a bit ashamed. They consider that filing for bankruptcy would reflect badly on them and that they will have somehow failed....
Filing for bankruptcy raises concerns beyond financial implications, particularly regarding employment. Many individuals often fear that their financial decisions might jeopardize their current job or future employment opportunities. Understanding the intersection of...
Filing for bankruptcy can bring relief from overwhelming debt and annoying phone calls from creditors. Unfortunately, it does not always exempt you from paying state income taxes. Whether you can have your Georgia state income taxes discharged along with your other...
Most people cannot afford to outright purchase a vehicle when they need transportation. Vehicle prices have risen in recent years, making financing the best solution in many cases. People can obtain loans that allow them to buy a vehicle now and pay it off over the...
The months following bankruptcy can feel like a fresh start for people who had been previously having financial trouble. Many may look forward to the future and wonder what steps to take now. Part of this journey includes learning how to use credit cards correctly....
The negative impact of bankruptcy on a credit score is why many people hesitate to file for it. Depressed credit makes it hard to apply for financing when you need it. Still, that does not mean you cannot secure a loan as you seek to rebuild your credit. Options...
Overwhelming debt can make those who have not considered bankruptcy start to review the option. However, the many rules surrounding who can file often create confusion. For example, some people wonder if there is a specific amount of debt that the government requires...
Filing for bankruptcy is a big step that requires careful consideration and attention to detail. Any mistakes made during this process can have long-lasting consequences for your financial future. If you are considering bankruptcy as a solution, there are a few common...
Drowning in debt is a harrowing feeling that can make you feel like there’s no hope. Fortunately, bankruptcy is an option that might work for you. One of the first things you’ll have to determine is whether you’ll file a Chapter 7 or Chapter 13 bankruptcy. Chapter 7...
Financial challenges can be overwhelming, but for those facing substantial debt, Chapter 13 bankruptcy provides a viable solution. This legal process allows you to restructure your debt based on your income and expenses. There are several benefits to filing for...