Consumer Bankruptcy

By the time you file for bankruptcy, your credit will likely have already taken a significant hit. It will drop even further when you file. However, after your discharge, you are in a unique position that allows you to rebuild financially. Taking the right steps after...

Everything that matters in the life of U.S. residents typically requires making decisions. Even when you have chosen debt relief through bankruptcy, you must still make at least one more critical decision—what form of bankruptcy best meets your needs. These decisions...

Financing a vehicle purchase is a common practice. Most Americans don't have enough in their savings accounts to simply buy a new vehicle after a car accident or when their older vehicle develops mechanical issues. Many people trade in their existing vehicle and...

Sometimes we find ourselves in a negative downward spiral. Financial problems can lead to health problems, and health problems can then lead to more financial problems. Every situation is unique, but bankruptcy has been a solution that has brought financial relief for...

Any number of things can contribute to overwhelming debt that leads people to file for bankruptcy. Medical bills are often a factor. So are credit card bills, student loans and just the cost of living exceeding income.  What if part of the reason you’re underwater is...

You’ve done everything you can to repay your debts -- but it hasn’t worked. You’ve crunched the numbers and you don’t see how you’ll ever climb out of your debt. Just the same, you’re worried about the effect bankruptcy will have on your credit and your future, so how...

When you can no longer pay your debts, bankruptcy offers you a solution to escape those debts. Those you owe money may not be so enthralled with your decision to file. Does that mean you need to worry about a creditor trying to block your bankruptcy filing? Creditors...

Financing a vehicle can be easier than financing other purchases because the vehicle serves as collateral for the loan. Even if you don't have much of a down payment, lenders may be willing to work with you because they know they can always take the vehicle back if...

Being served with notice of a creditor lawsuit can be a shock. While you were likely aware of your mounting debt and collection attempts, being sued by the debt collector may have been the last thing you expected to happen. What can you do when someone that you owe...