If you have searched news stories in recent months you have come across reports of people experiencing severe debt collection consequences over debts they do not owe. Some are being sued by collectors and others have experienced liens on their homes; all over debts...
Has Debt Taken
Over Your Life?
Month: July 2014
3 Common Misconceptions about Bankruptcy
In the society we live in, it is increasingly difficult to avoid debt. If you have high amounts of debt, then it's wise to understand exactly what your options are for getting out of debt. The word "bankruptcy" has gained a bad rap over time. But bankruptcy isn't all...
Life After Bankruptcy
Filing for bankruptcy can be a liberating experience. The freedom from high debt balances and delinquent accounts can offer you a fresh start for your financial future, but how exactly do you start over? The good news is that life after bankruptcy isn't complicated,...
Dealing With Debt In Divorce
Marital problems can often arise when financial hardship strikes and spouses become stressed with how to find a resolution. While debt burdens can already be hassle enough, adding a potential divorce to the matter can greatly complicate things. Whether you are looking...
Dealing With Debt Collectors
Repeated phone calls, letters of collection, and threats of lawsuits are all common annoyances of dealing with debt collectors. While their tactics may seem bullying, the truth is that many debt collection companies are violating the rules. The Fair Debt Collection...
Detroit Looks to Leave Bankruptcy Court
The saga in Detroit could be coming to an end as long as several key factors align in the courts. After months of collaborative planning and financial restructuring efforts between bankruptcy lawyers and financial experts, State Legislature and numerous private...
Bankruptcy Doesn’t Ruin Your Credit
If people have been telling you that bankruptcy ruins credit, then it is your turn to set them straight. Bankruptcy may mean admitting that you have more bills on your desk than money in your pocket, but it does not mean that your credit is ruined forever. Credit is...
Mixed Blessing: A Few Positive Things about Bankruptcy
Yes, you read that correctly. Bankruptcy can be a blessing in its own way. Most bankrupt people have a tendency to focus on what they've lost, and that's both natural and normal. However, bankruptcy does have several good points to its credit. We've listed a few to...
Steps To A Successful Chapter 7 Bankruptcy
The Chapter 7 bankruptcy process is a bit more tricky to navigate than a Chapter 13 case. In order to have your best chance at a successful debt discharge, follow a few simple steps: 1. Time it perfectly - The timing of your Louisville bankruptcy case is crucial for...
