bankruptcy blog

Wage garnishment is a legal procedure that allows for a portion of your earnings to be automatically deducted to pay a debt. In some states, creditors may garnish up to 25% of your disposable income.  Disposable income is gross income minus deductions required by law, such as taxes or retirement contributions. While having a portion of your  … Read more

Yes! Not only can you get new credit, doing so after a bankruptcy may improve your credit score. If you have completed a debt discharge in bankruptcy, you should still apply for a credit card. The credit card lender will look at your income, expenses and the clean slate from negative payment history. If your income  … Read more

A moratorium is a time period of no evictions. Landlords are not allowed to evict tenants during this time. It is a temporary period of time, during which the government will do something to help reduce homelessness. What is the purpose of an eviction moratorium? The purpose of an eviction moratorium is to allow homeless  … Read more