bankruptcy blog

Individuals drowning in debt look for a life preserver in many forms, and sometimes it can result in a costly mistake. The Federal Trade Commission (FTC), warns consumers to be weary of debt relief and credit repair scams that can target individuals with lofty credit card debt by falsely promising to negotiate with creditors in  … Read more

You want to file a bankruptcy but cannot decide when.  At times, you may be better off delaying because you may get to keep your property. Or, maybe you could deal with debt in some other way, and not announce bankruptcy.  We’ll highlight some common scenarios, and give you a relevant advice on each. Bankruptcy  … Read more

Bankruptcy is of several types, each of which has varying purposes and caters to different kinds of debtors. Learn more about the differences in types of bankruptcy. Types of Bankruptcy Chapter 7 The chapter 7 bankruptcy is also regarded as the liquidation or straight bankruptcy. You can file whether you are an individual or married  … Read more

The previous 18 months have been extremely tough on the financial health of restaurant chains across America. Logan’s Roadhouse, Quaker Steak & Lube, Zio’s Italian Kitchen, and many other eateries littered the news last year reporting failed earnings, fleeing customers, and closed stores. This week the casual crab dinner Joe’s Crab Shack files for bankruptcy under  … Read more

Repairing your credit score after a bankruptcy takes both time and sincere effort on your part. You might come across hoards of quick-fix methods for improving your credit score that is most likely to backfire. It is therefore essential for you to understand that the right credit repair strategies. Comprise methods that will build your  … Read more

Medical debt is a rising problem in the USA. With the healthcare bill not going anywhere, the prices seem to be surging. Unchecked insurance markets are making a killing at the expense of the sick, even simple 911 ambulance calls go into the thousands. It leaves a lot to be desired for those who are  … Read more

Are you in your 20s and want to secure your financial future? Your choices today will reflect your finances tomorrow. So heed onto our financial advice for those in their 20s and strengthen your assets and savings. Financial Advice for Those in Their 20s Put an end to credit cards How many credit cards do  … Read more

As the name suggests, debt management is basically a debt-relief option to offer help to people who are struggling with their monthly bills and credit liabilities. So, basically, you sign up with a debt management company that renegotiates your repayment plan with your creditors and creates a debt management information plan for you to manage  … Read more

A sprawling metropolis in the state of Texas, Houston is also the fourth most populous city in the whole of United States. Lovingly referred by the natives as the ‘Space City’, Houston can be rightly touted as a global hub of business, culture, international trade, fashion, media, technology, education, sports, science, medicine, and even research.  … Read more

Vacationing is truly the most exciting aspect of the summer season! However, it always helps to do a little pre-planning to ensure that you do not end up spending more on travel than you should. Regardless of whether you are planning to visit your nearest beach destination in another state or looking forward to an  … Read more