Financial burdens are overwhelming. Too much debt could overtake your life, affecting your physical and mental health. Fortunately, you could declare bankruptcy if you need to. Doing so could provide you relief, helping you restart your finances. However, filing for Chapter 7 bankruptcy has specific repercussions based on your circumstances. The consequences are not strictly
Colleges can open specific career paths for students, but they’ve also become synonymous with student debt. Higher education costs have steadily increased over the past decades, forcing students to turn to loans that saddle them with debt that follows them long after graduation. While it’s far from entirely absolving each American from student debt, the U.S.
Filing bankruptcy can help you gain a fresh financial start by eliminating or reducing existing debt. It can force you to give up some control financially, but the court will not heavily watch over your expenses. Instead, the court will only use its authority to review your bank statements and other financial records to verify