If you are drowning in insurmountable debt, it can paralyze you into complete inaction. In other words, you may be so troubled by your circumstances that you end up doing nothing to improve your situation. When you finally decide to get a handle on your debt through a...
Be Debt Free
Chapter 7 Bankruptcy
What is Chapter 7 bankruptcy, and is it an option for you?
Whether it was a pile of unexpected medical bills or maxed-out credit cards, you somehow got mired in debt. Usually, filing for a Chapter 7 bankruptcy is viewed as a last resort for those struggling with debt, but that doesn’t make it all bad. While it can have some...
Should I consider a Chapter 7 bankruptcy?
The language used around bankruptcy can be offputting. It is often described as a “last resort” or said that you are “staring bankruptcy in the face.” However, bankruptcy is more common than you may realize. More than 3,000 people filed for Chapter 7 in Alabama...