Most people have some debt, but they are able to make their payments comfortably every month. What if you're finding yourself unable to make your payments? Or maybe you pay, but the interest is accumulating faster than you're able to pay, so you expect you may never get out of debt. This is not a situation to ignore. It is instead one that you need to bring to the attention of a bankruptcy attorney. They can help you begin the legal process of filing for bankruptcy and putting the debt behind you. We hope you are able to learn more about this process by reading the articles on this site.
Posted on: 18 March 2020
Are you tired of living with so much debt that you are never sure how you will pay your upcoming bills? If so, one solution you could consider is Chapter 7 bankruptcy. While not everyone who is in debt may benefit from it, many people can. To understand this branch more clearly, here are three principles of it.
1. It Is Intended for People Who Do Not Earn Large Incomes
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Posted on: 16 March 2020
If you're struggling to make your mortgage payments, it's time to explore options to help you save your home. Chapter 13 bankruptcy is one alternative that can help you remain in your home.
A Chapter 13 bankruptcy is actually a form of debt consolidation; at the end of your bankruptcy period, the remaining balances for some non-secured debts (like credit card debt) are dismissed. Read on to learn more about how Chapter 13 bankruptcy can save your home.
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Posted on: 10 March 2020
Most bankruptcy filers have their minds on a debt-free future when they file. It's true — a chapter 7 bankruptcy filing will likely eliminate most, if not all, debt. What you are left with, however, is a credit picture that is far from clear. Read on to learn more about what to expect after you've filed and how to avoid credit problems after bankruptcy.
Face the Facts
It's not too surprising that those suffering from financial problems avoid looking at their credit reports.
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