When you’re facing financial hardship, a personal loan is an option to help make ends meet. When you take out a personal loan, you’re required to sign a document that outlines the terms of that loan. After reviewing loan terms, a common question people ask is “Can I sign away my right to file bankruptcy?”…
In the U.S., the average person has $38,000 in personal debt not counting home mortgages. Add that to the fact that there’s more than 1.53 million dollars in student loan debt in the U.S. and it’s easy to see why there’s a true debt crisis in this country. Debt can be a crippling burden for…
Credit card debt, student loan debt, mortgages, and car loans – in the United States, debt is a common occurrence. Unfortunately, debt often becomes overwhelming for both individuals and families, and making ends meet becomes a monthly battle. When this happens, bankruptcy becomes a viable option for eliminating debt and creating a clean start. Before…
Filing for bankruptcy is a financial step that can be used to help you create a financially secure future. Although individuals who file for bankruptcy are not required to get an attorney and investing in one to assist you through the process might not sound enticing, it’s one of the smartest moves you can make…
For individuals and families facing extreme burdening debt, filing for bankruptcy is a viable option that can get them on the right track toward a financially free future. However, there are many common misconceptions regarding bankruptcy and what it can and can’t do to eliminate or make your debt more manageable. To help ensure you…
Across the United States, hundreds of billions of dollars are spent each year in wagers and gambling. According to the American Gaming Association, nearly $150 billion alone was spent on illegal sports betting. As a result of these statistics, many Americans find themselves in over their head in debt from gambling and gaming. One of…
In the United States, it’s said that 10 out of every 1000 people file for bankruptcy each year. Those who do file make this financial decision for several different reasons. Some of the most common include overextended credit, inability to make payments to creditors, and debts that outnumber the financial value of personal assets. If…
Credit is king in the modern age. It can affect your ability to borrow funds, invest in real estate, and whether or not you can add that fancy credit card to your wallet. Sometimes a credit burden can become overwhelming. When debt accumulates to the point where you have no other choice but to file…
You park your car before you head into the supermarket. An hour later, you return to where you originally parked to find your car is gone. Your heart races. You dial 911. “Help, I think someone stole my car!” Relax. More often than not, your car wasn’t stolen; your car was likely repossessed. Still, that…
There’s a lot of doom and gloom surrounding bankruptcy, but in reality, bankruptcy is a solution to a problem, not a problem in and of itself. If you’ve filed for bankruptcy, there’s still hope for your credit being repaired in the future; you just need the right plan to get back on track. A qualified…
