People who have gone through medical hardship often expect that healthcare providers should treat them with dignity and patience. After all, a hospital that has – for example – provided cancer treatment should be fully aware of the current limitations affecting a...
Helping With Your Financial Future
Consumer Bankruptcy
Why debt settlement programs may not be worth the effort
If you’re sitting up at night worrying about your debts, you’ve probably seen the ads for debt relief or debt settlement programs where they promise to settle your debts for pennies on the dollar. Have you ever heard the adage, “If it sounds too good to be true, it...
Filing under the wrong bankruptcy chapter can be disastrous
Bankruptcy can provide you with a fresh financial start if you have been overwhelmed by debt. However, it’s essential to file under the right chapter to make the most of this opportunity and avoid undesirable consequences. Are you looking to discharge your debts or...
What if you are getting divorced AND need to file bankruptcy?
If you and your California spouse are contemplating divorce and have a significant amount of debt, the timing of your bankruptcy filing can affect your divorce negotiations. If you and your spouse agree on a course of action, you can realize additional financial...
Credit cards can create a debt spiral
Most Americans use credit cards. In fact, credit card debt recently broke $1 trillion and reached record levels in the United States. Part of this is simply because there are more people every year and the value of the dollar is declining. But it also shows just how...
The most common reasons for declaring bankruptcy
Traditionally, when many people used to hear about people declaring bankruptcy, they assumed that filers couldn’t manage their money. Until the Great Recession, most people failed to consider that many people can find themselves in an overwhelming financial situation...
There are benefits to bankruptcy
Bankruptcy is often viewed in a negative light. It’s seen as some sort of failure after reckless spending. Nonetheless, this couldn’t be further from the truth. Most people get into financial hardship through no fault of their own. Things such as medical bills and job...
Why a job loss or layoff could quickly lead to bankruptcy
People often think that bankruptcy only occurs when people are irresponsible. It is quite common for people to associate bankruptcy filings with gambling or compulsive shopping habits. However, most bankruptcy filers end up struggling financially through no fault of...
Embracing a fresh start: Preparing for life post-bankruptcy
The prospects of facing life after filing for bankruptcy might feel overwhelming, but it's the perfect chance to hit reset on your financial journey. Rather than sink in despair, taking practical steps and adopting a resilient mindset can lead to a brighter financial...
Considering bankruptcy? Avoid these 5 common mistakes
Bankruptcy is a legal process that can give you a fresh financial start when overwhelmed by debt. It can be an invaluable tool for managing financial distress, but it’s essential to navigate the bankruptcy process carefully. Mistakes are commonplace before, during and...