Do you have debt that’s so heavy it’s affecting your peace of mind? You probably thought about filing for bankruptcy, specifically Chapter 7 bankruptcy. Chapter 7 bankruptcy deals with asset liquidation to tackle debts like medical bills and credit card balances....
Month: January 2023
When can you qualify for personal credit after a bankruptcy?
Bankruptcy can help someone stop collection activity and discharge debts that they cannot hope to repay, but people will often go to extreme lengths to avoid filing for bankruptcy. One of the most intimidating aspects of filing for personal bankruptcy is how it will...
Reasons your bankruptcy claim can be denied
The decision to declare bankruptcy is one that you should never take lightly. If you get it right, bankruptcy can provide relief from certain kinds of debts or allow you to restructure a payment plan that suits your current financial situation. However, it is not...
Can you negotiate with creditors?
If you’ve been struggling with finances recently, you know this can be very stressful. You may feel like you don’t have many options, but you probably do. One thing you may want to consider is negotiating with creditors. This can take time, patience and preparation,...