A sudden job loss can leave you financially devastated. Receiving unemployment benefits can help. But, it is often not enough to cover living expenses and pay any debts you may have. Each month you get further behind and the financial stress becomes overwhelming....

Are you one of the millions of Americans whose wages are being garnished to pay one or more debts you owe? Is your wage garnishment making your financial situation even more difficult? Bankruptcy could help stop the garnishments and even help recover some of your...

Sometimes those struggling financially believe bankruptcy could help them, but they delay filing. They may delay out of hope that their financial situation will get better. Or, lack of knowledge about the bankruptcy process causes them to fear filing so they put off...

Clients who are contemplating bankruptcy often ask two main questions about any retirement plan they may have. They usually want to know if they: will lose their retirement if they file bankruptcy should cash in their retirement and use it to pay their debt before...

When you have unpaid debt, the creditor you owe may hire a debt collector or debt collection agency to collect the debt on their behalf. The debt collector or collection agency will contact you regularly trying to collect the unpaid debt. This practice is not illegal,...

Many people do not file for bankruptcy because they lack a basic understanding of bankruptcy. They do not understand: what it is the different types of bankruptcy if they need an attorney’s help. They base their decision on negative and wrong information from family...

A question married clients often ask us is, “Do we have to file a joint bankruptcy or can one of us file alone?” The straight answer to the question is that a married couple does not have to file jointly. Bankruptcy laws allow a spouse to file an individual bankruptcy...

Filing for bankruptcy can be a scary and confusing thing to think. One of the main things that lead to these feelings is a lack of understanding of common bankruptcy terminology. There is no need to feel confused especially once you have a better understanding of...

Many Americans are burdened by financial difficulties such as excessive medical bills, overwhelming credit card debt, underwater mortgages, job loss, etc. Filing for bankruptcy can be beneficial to those who are struggling financially. Perhaps the most beneficial...

One of the main reasons many individuals who are in financial stress choose not to file bankruptcy is because they have been scared by the dire warning that Filing Bankruptcy Will Ruin Your Credit. This long-held belief holds some truth. Yes, bankruptcy is reported on...