Life today comes with many financial challenges that were not common just a couple decades ago. As the cost of living, healthcare, and education continue to outpace the rise in income, this challenge will only continue to grow. Luckily, it’s not all hopeless, the law has created ways for people to stay in control of…
Most people equate bankruptcy with financial irresponsibility, but the truth is people declare bankruptcy for all types of reasons. Filing for bankruptcy can help a lot of families solve financial problems that arise from numerous instances. Medical expenses top the list of reasons for bankruptcy. Job loss, divorce, credit card debt, and tax liens are…
Filing for bankruptcy is an extremely emotional and stressful situation. Typically those who file for bankruptcy have already exhausted their options and put forth excessive efforts to repay their debt. And, although it’s not true and there are multiple different reasons for bankruptcy, those who finally make the decision to file view themselves as financial…
