What Do I Need to Do After My Bankruptcy Case is Closed?

For many people, filing for Chapter 7 or Chapter 13 bankruptcy is an effective way to get out from their burdensome debts, and move into the future on surer financial footing. However, it’s important to keep in mind that it may take some strategic thinking and smart actions to really make the most of this new start. What can filers do to move on after their bankruptcy has been finalized? Here are a few common steps //READ MORE

2019-03-22T13:19:19+00:00 April 4th, 2019|Community|

Unpacking 7 Bankruptcy Myths and Misconceptions

There are countless myths and misconceptions out there about bankruptcy. Oftentimes, these myths are enough to dissuade people from considering bankruptcy as a course of action for financial relief – even if it may be the best path forward for their unique financial situation! So, what are some of the most common myths and misbeliefs out there about bankruptcy? Whether you heard them from a friends, a family member, or a TV infomercial, here are seven //READ MORE

2019-03-18T16:00:35+00:00 March 28th, 2019|Community|

The State of Consumer Debt in America, 2019

How does the old proverb go? Those who don’t study the past are doomed to repeat it? We’re about ten years out from the beginning of the global economic downturn now known as the Great Recession. This major recession impacted just about every facet of the American economy, and its effects are still being felt today in the housing, retail, and credit industries. In many ways, the economy has bounced back. But there are still warning //READ MORE

2019-03-18T15:49:28+00:00 March 26th, 2019|Community|

What Does It Take to Move on After Bankruptcy?

For many households, small business owners, and retirees who are facing serious consequences due to debt, bankruptcy can be a practical way to hit pause, and get a fresh start on your financial life. Bankruptcy can be a way for you to discharge certain debts and restructure others, making them less of a monthly burden and giving you a chance to regain your financial footing. And while bankruptcy can bring financial relief, there’s no denying that //READ MORE

2019-03-08T13:30:17+00:00 March 21st, 2019|Community|

What Is an Automatic Stay During Bankruptcy?

Have you ever been flying down the road, only to slow to a halt at the sight of a bright red stop sign? In a lot of ways, you can think of an “automatic stay” in bankruptcy as a helpful “stop sign,” telling creditors to hit the brakes at the start of the bankruptcy process. For many people, this “stay” is considered to be one of the major advantages of filing for bankruptcy. As governed by //READ MORE

2019-03-04T15:43:23+00:00 March 14th, 2019|Community|