On behalf of Schwartz Bankruptcy Law Center | Mar 11, 2020 | Bankruptcy
A Chapter 7 bankruptcy can liquidate debt and provide a financial fresh start. But this may come with worries that decent credit may never be reestablished after bankruptcy. There are ways, however, to rebuild credit. First, keep in mind that your credit may have...
On behalf of Schwartz Bankruptcy Law Center | Mar 10, 2020 | Bankruptcy
There are many reasons why consumers in Kentucky and elsewhere reach for their plastic to pay for things even when they have money in the bank. Maybe it is the rewards perks that drives this spending. Possibly, it is the incentive that one will not have to pay any...
On behalf of Schwartz Bankruptcy Law Center | Mar 10, 2020 | Bankruptcy
While there are many ways to put money back into your pocket, spending money is not the best method to do this. Credit card companies seek to not only normalize the daily use of charge cards, but they also seek to increase the spending of consumers in Kentucky and...
On behalf of Schwartz Bankruptcy Law Center | Mar 10, 2020 | Bankruptcy
Debt can be experienced at any age. In fact, due to the rising cost in education, a large percentage of young adults carry with them significant debt due to student loans. While this form of debt is burdensome, it is not very easily erased to debt relief options, such...
On behalf of Schwartz Bankruptcy Law Center | Nov 22, 2019 | Bankruptcy
One of the big reasons that people do not want to file for bankruptcy is that they have this idea that it is going to ruin their credit. They think they’ll never get a loan again, and they lament the loss of this financial option. It’s true that a...
On behalf of Schwartz Bankruptcy Law Center | Sep 27, 2019 | Bankruptcy
Many people feel that they have no choice but to file for bankruptcy when they are facing overwhelming debts. As a result, they can be quick to dwell on the ways that a bankruptcy filing will limit the control over the way they live their life for the foreseeable...
On behalf of Schwartz Bankruptcy Law Center | Aug 28, 2019 | Bankruptcy
As people get older, it is often presumed that their net worth will get greater, and their financial challenges will decrease. However, it has been reported that many older Americans are struggling with financial issues and unmanageable debts. The reason for this has...
On behalf of Schwartz Bankruptcy Law Center | Aug 2, 2019 | Bankruptcy
To avoid getting into serious debt, we all need to live within our means. This does not mean that we cannot treat ourselves every so often; vacations and other financial splurges can be enjoyed as long as you are being more frugal where necessary to afford these...
On behalf of Schwartz Bankruptcy Law Center | Jun 21, 2019 | Bankruptcy
Taking the decision to file for bankruptcy is a big step. For many, taking such an action means that the debtor feels that their debts are too overwhelming to tackle alone. Debts can be a huge source of stress, particularly when creditors are being persistent in their...
On behalf of Schwartz Bankruptcy Law Center | May 10, 2019 | Bankruptcy
Right now, there are limits on how often creditors can contact you to demand payment — and by what methods. Legitimate debt collection companies know they have to abide by these limits and that there are stiff penalties for crossing them. They can even be sued...
