Rumors spread like wildfire and there are plenty of bankruptcy stories to go around. There are several myths you may need to debunk if you’re planning to file for bankruptcy. Here’s what you should know: Myth #1: You can only file one bankruptcy in life Truth: You...
Month: September 2022
Are you only allowed to file for bankruptcy once?
Filing for bankruptcy is a form of financial reset. You can immediately stop aggressive collection activity and also discharge some of your debts, allowing you to establish a more streamlined and manageable household budget. Many people who file for bankruptcy are...
Bankruptcies are on the rise
If you had it tough during the past few years, you may have hoped the lifting of restrictions would create opportunities that allowed you to get back on track with your debt payments. Yet, for many people, it turns out that was more fantasy than reality. Prices for...