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Month: December 2018

Home 2018 December
retirement account exemption from bankruptcy

Are Retirement Accounts Exempt from Bankruptcy?

December 17, 2018E. Orum Young

Filing for bankruptcy is a stress reliever for most people. There are a lot of negative associations people have when it comes to declaring Chapter 7 or Chapter 13, but they aren’t all true. If you’re in the right financial situation and handle paperwork accordingly, changing your economic status through bankruptcy can help save you…

collection judgement

What is a Collection Judgement?

December 10, 2018E. Orum Young

Debts are part of everyone’s day-to-day life. Most people use credit cards, take out loans, and finance large purchases at some point in their lives. There is such a thing as good debt, and that’s the kind that gets you a higher credit rating. On the other hand, a person can overspend. Sometimes there are…

senior citizen applying for bankruptcy

The Impact of Bankruptcy on Seniors

December 3, 2018E. Orum Young

The “golden years” have often been seen as a time of security and relative prosperity, but an increasing number of American seniors are finding themselves facing financial difficulties. This issue is made worse by the fact that longevity is increasing among Americans while their pensions and retirement savings may be decreasing or perhaps disappearing completely….

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