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Rebuilding Your Finances: Credit Cards After Bankruptcy | Credit Tips

Rebuilding Your Finances: Credit Cards After Bankruptcy | Credit Tips

Bankruptcy is a great option for many, as it can help people get back on track with their finances. People can discharge their debts via Chapter 7 liquidation or can repay their debts over time through a Chapter 13 repayment plan. Plus, these bankruptcy options also provide protection from creditors. Although bankruptcy can help you … Read More

How to Get Debt Collectors to Stop Calling after Bankruptcy

How to Get Debt Collectors to Stop Calling after Bankruptcy

The time period leading up to filing for bankruptcy is extremely stressful, as you know. You probably heaved a sigh of relief once you received your case number and were assured that an automatic stay was in effect. Fielding constant phone calls from creditors can be unnerving and stressful – and stress can have a … Read More

How Rising Interest Rates Can Affect Your Interest Rate After Bankruptcy

How Rising Interest Rates Can Affect Your Interest Rate After Bankruptcy

Regardless of whether you’re keeping up with economic news and rising inflation rates, you’ve likely noticed that the cost of goods is going up while your purchasing power is going down. The Consumer Price Index notes that the inflation rate is up 7.1%, which is the highest rate of inflation since 1982. Unfortunately, rising inflation … Read More

Who Can Declare Chapter 7 Bankruptcy?

Who Can Declare Chapter 7 Bankruptcy?

If you’re struggling with overwhelming debts, Chapter 7 bankruptcy could be your best option. Chapter 7 is the most common form of bankruptcy for individuals and families, and it allows you to discharge many of your unsecured debts within only a few months. Before turning to this option, you need to know who can declare … Read More

Questions to Ask Your Mortgage Modification Lawyer

Questions to Ask Your Mortgage Modification Lawyer

Many people struggle with asking for help from a mortgage modification lawyer when they truly need it. And when it comes to needing financial help, that task is even more difficult. There is a negative stigma associated with financial assistance that makes many people feel embarrassed or ashamed. Some may feel that others will judge … Read More

How to Survive the Holidays During Bankruptcy

How to Survive the Holidays During Bankruptcy

The holidays are here once again. And although this is a season of joy, it’s also a time of overwhelming financial stress. If you’re struggling with crippling debt this holiday season, filing for bankruptcy may be your best option for getting your finances back on track.   Fortunately, filing for bankruptcy offers debt relief to help … Read More

Does Bankruptcy Clear Lawsuit Debt?

Does Bankruptcy Clear Lawsuit Debt?

Both being sued by a creditor and bankruptcy can feel like scary situations, but rest assured, filing for bankruptcy can help. Once bankruptcy is filed, whether it’s under Chapter 7 or Chapter 13, an automatic stay prevents debt collectors from taking further legal action. Does bankruptcy clear lawsuit debt? Read on to answer this question … Read More

Will a Bankruptcy Trustee Contact My Employer?

Will a Bankruptcy Trustee Contact My Employer?

Bankruptcy is sometimes the best solution for those struggling with overwhelming debt. But tragically, many people decide not to file because they feel ashamed about their financial situations. They fear that other people will find out about their bankruptcy and view them as financially irresponsible.  There’s nothing wrong with filing for bankruptcy, but worrying about … Read More

How Much Does a Voluntary Repossession Affect Your Credit?

How Much Does a Voluntary Repossession Affect Your Credit?

Voluntary repossession is sometimes the best option for borrowers who can no longer afford their car payments. Rather than have your car seized involuntarily, you can give up your vehicle willingly to your lender. So how much does voluntary repossession affect your credit? Should I Allow a Voluntary Repossession with No Late Payments? Although voluntary … Read More

How Does Bankruptcy Affect Your Job and Future Credit? 

How Does Bankruptcy Affect Your Job and Future Credit? 

The stress leading up to a declaration of bankruptcy can be intense. You worry about creditors and wonder if you will be able to stay in your home and keep your car. You may also worry that your bankruptcy will become public knowledge and affect other aspects of your life. Will your boss and co-workers … Read More

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