Category:
Bankruptcy
Bankruptcy is a legal process for individuals and businesses that can’t pay their debt. After filing, the court decides how much debt, if any, will be forgiven and how the…
Managing crippling levels of personal debt is an unfortunate fact of life for too many Americans. Raised consumer prices and higher housing and transportation costs combine with static incomes, hefty…
Medical emergencies, job losses and even divorces can turn a solid financial base into mush, forcing you to make gut-wrenching decisions that come with lasting consequences. Get to know your…
Even if you weren’t a fan of the hit TV comedy “The Office,” you may sympathize with its main character, office manager Michael Scott, whose financial difficulties and general cluelessness…
With Donald Trump being credited or blamed for virtually every imaginable good or ill (depending on the observer, of course), we in the world of personal finance and debt management…
What is Bankruptcy? Bankruptcy is a court proceeding in which a judge and court trustee examine the assets and liabilities of individuals and businesses who can’t pay their bills and…
Bankruptcy could be an option if your financial picture is bleak, but you have to qualify. If you don’t meet certain criteria, you may have to consider alternative debt-relief solutions.…
How would you like to be deemed “judgment proof”? If nothing else, it sounds like a really good designation in life. Judgment proof is a legal term that could apply…
Personal bankruptcy is without a doubt a serious setback, but it can serve as a financial tool. It’s an opportunity to streamline your finances and rebuild credit, and more than…
When debt becomes completely unmanageable and nothing in the near term offers hope for a solution, people often mull over filing bankruptcy, the nuclear option for personal finance. Chapter 7,…