Many people find themselves in a state of great financial difficulty. Despite the stigma surrounding this legal mechanism, bankruptcy is a viable solution to regain control of one's personal financial future and start over. Whether you find yourself in this situation...
Helping With Your Financial Future
Month: August 2024
2 links between credit cards and bankruptcy
Credit cards are often referenced in bankruptcy filings. Many Americans have credit card debt, even if it’s just minor debt, like using a credit card to pay the utilities. Some households do the bulk of their monthly spending on cards and then pay them off each...
Chapter 11 bankruptcy: A lifeline for businesses in debt
Business owners may unexpectedly encounter turbulent financial waters and wonder what they can do to keep their enterprise afloat. When debt becomes overwhelming, filing for bankruptcy can be a suitable debt management option. However, business owners should know that...
When medical expenses become overwhelming
We have health insurance to cover our medical expenses, especially if we have a serious issue that requires surgery, treatment or an extended hospital stay. The medical bills can quickly add up, putting some families at risk of financial ruin. The strain of medical...