Bankruptcy

When you use a credit card, it tricks you. It makes you feel like you're not actually spending money. After all, the cash is just a substitute for the barter system. You exchange labor for money, and then you exchange that money for the goods that you need. You...

Realizing that you can’t pay your debts is a disheartening experience. For some people, the answer to this is to file for bankruptcy.  Filing for bankruptcy isn’t a last-minute decision. It’s usually one that’s carefully planned. While you’re getting ready to file, be...

Many people who are thinking about bankruptcy may not necessarily have all of the right information to make that decision. This is due in part to a negative stigma that bankruptcy sometimes carries, which can be driven by inaccurate information. For example, there are...

Your home is your most valuable asset in part because of the price tag it carries and also because the ownership of other property is usually contingent on having space to store those assets. You may have saved for years to put together a down payment on your home,...

You did your best to stay on top of your debts, but it just wasn’t feasible. You considered all of your options and decided that filing for bankruptcy was the best way to go. Bankruptcy is often portrayed as a negative, but it can offer people a chance to start again....

Debt can happen suddenly and often seemingly out of nowhere. It may be the result of unexpected medical debt – or maybe there was a necessary vehicle repair. However you built up the debt, you have a responsibility to pay it off. But, for many people, there may be too...

If you are struggling to make ends meet, you may consider bankruptcy as a way to get a fresh start. However, one of the questions you may be asking yourself is whether or not you can keep your house.  The answer to this question depends on several factors, including...