Tag: Chapter 13
Surviving the Storm: Everything You Need to Know About Bankruptcy
As individuals, we may encounter unexpected financial struggles at any point in our lives. It’s natural to feel overwhelmed and cornered when these challenges accumulate. While bankruptcy may not be a topic we want to think about, understanding the process and its potential to alleviate financial stress is crucial. With the right knowledge and guidance, […]
How to Decide if It’s Time for You to File for Bankruptcy
Bankruptcy is a huge step. It could have huge and profound effects on your life for at least ten years. It should always be used as a last resort. However, despite how serious it is, certain situations warrant the use of bankruptcy. Below are a few factors to consider when considering filing for bankruptcy. Do […]
What is Bankruptcy?
Bankruptcy is considered the option of last resort because the results are long-lasting and far reaching. People who follow the bankruptcy rules receive a discharge — a court order that says they don’t have to repay certain debts. However, bankruptcy information (both the date of your filing and the later date of discharge) stay on […]
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