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One of the biggest triggers for a bankruptcy filing is losing your job. This makes sense because most people who abruptly lose their job are not equipped to keep up with their financial commitments. However, this doesn’t mean that every option will be available to the recently unemployed, or that filing for bankruptcy immediately or …
Continue reading “Can I File Bankruptcy If I’m Unemployed?”
Read More >>Most people who find themselves in a financial bind and are considering bankruptcy are generally uncertain as to whether they qualify to file Chapter 7. For most people, the concern of not qualifying for Chapter 7 bankruptcy stems from misinformation from friends and family or the internet. In fact, in 2019, more than 11,000 people …
Continue reading “Chapter 7 Bankruptcy: Eligibility Checklist”
Read More >>Debt can wreak not only financial havoc, but also create major stress on your overall health. Juggling debt and dealing with creditors is stressful and unpleasant. Allotting money to pay off credit card and other types of debt means taking money away from other important life necessities. For some, it can even mean cutting back …
Continue reading “Financial Stress Impacts Overall Health”
Read More >>The Covid-19 pandemic has financially impacted all of us in one way or another. Most individuals, especially those who lost their jobs during these unprecedented times, have had no choice but max out their credit cards to make ends meet. Raking up credit card bills, for whatever reason it may be, can create a substantial …
Continue reading “How to Pay Off Credit”
Read More >>If you are financially strapped and overwhelmed with calls from creditors and late bills, you might be considering filing for bankruptcy. Although almost everyone knows what bankruptcy is, most people don’t know what it actually entails. You will no doubt have countless questions about the filing process and the impact of filing bankruptcy on your …
Continue reading “Top 5 Bankruptcy Questions”
Read More >>The COVID-19 pandemic has impacted all aspects of our lives. For most people, especially those who own “non-essential” businesses, the financial impact of the coronavirus is felt deeper than others as their debt grows. Although everyone’s debt situation is different, for some bankruptcy may be the only option to control their financial situation. If you …
Continue reading “Chapter 7: The Most Efficient Type of Bankruptcy”
Read More >>There is no doubt that the COVID-19 pandemic has significantly impacted all of us – especially those who were forced to close their small businesses since early March pursuant to government orders to help stop or reduce the spread of the coronavirus. Due to these current events, your small business may be facing bleak prospects …
Read More >>In response to the novel coronavirus, also known as COVID-19, President Trump signed into the law the Coronavirus Aid, Relief and Economic Security Act (the “CARES ACT”) to provide a $2 trillion economic stimulus package to support businesses and individuals impacted by the virus. The CARES Act includes revisions to certain portions of the U.S. …
Continue reading “COVID-19 Has Changed Everything, Including the U.S. Bankruptcy Code”
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