If your debts have gotten out of hand, filing for bankruptcy may be a fresh start for you. Frequent calls from creditors can make the stress of your existing debt-related challenges worse. Filing for bankruptcy triggers an automatic stay, which immediately halts these...
Month: January 2024
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A range of emotions is common for bankruptcy filers
If you’re struggling with debt, filing for bankruptcy may be a good opportunity to reclaim your future financial stability. However, the entire process can be an emotional rollercoaster, so it’s important to be prepared for that possibility. Individuals going through...
Can you use bankruptcy even if you have an income?
Bankruptcy is a tool that you can use when there is an issue regarding your income-to-debt ratio. The debt that you took on may have seemed affordable at the time, but something has changed. Perhaps you lost your job or saw a reduction in your income, so that debt...