Month: November 2021
Bankruptcy filings fall in 2020 for most people in the U.S.
Each year, the government releases information on the total number of bankruptcies that have taken place. In January 2021, the United States Courts reported that there was a 29.7% decrease in the number of bankruptcy filings from 2019 to 2020, which may have been largely related to stimulus support and other changes in the economy
A common bankruptcy myth: It’s all your fault
One of the most common myths that people buy into about bankruptcy is that, if you file, it’s all your fault. In fact, this is, unfortunately, a reason that many people choose not to file. They worry about what friends, family members and business associates are going to think. They feel like everyone is going