Helping With Your Financial Future
Bankruptcy can have a profound impact on your daily and financial life. In California, the effect often reaches your marriage through community property rules. You may find yourself weighing the impact on shared assets, debt responsibilities and the emotional strain...
If you’re considering Chapter 11 bankruptcy for your business and doing some reading to learn more about it, you’re likely coming across some new and puzzling terminology. Take the word “cramdown.” Just what does that mean? When creditors are required to accept...
There are many types of businesses that market debt relief to the public. Credit card companies and a host of other financial businesses may tell consumers that they can help them reduce their overall debt levels and take control of their finances. People coping with...
Filing for bankruptcy is never easy. Even if it is a good step for your future, the social pressure and judgment from others can weigh heavily. You might feel ashamed, embarrassed or even isolated. But here is the truth. Financial struggles happen, and choosing to...
A lot of people think that insolvency and bankruptcy are essentially the same thing – or at least that insolvency is a precursor to bankruptcy. That’s why it’s important to understand that they are two different things – and that recognizing and handling insolvency...
People take on many different types of financial obligations. Many adults rely on credit cards for unusual expenses and financial flexibility. People use mortgages to become homeowners. Many people also have debts related to their education. Student loans have become...
The realization that you don’t have enough money to cover all your bills may require that you consider options to take control over your finances again. One of these is bankruptcy; however, you may be concerned about what life after bankruptcy will look like. The...
Bankruptcy allows people to relieve large amounts of debt within a very short amount of time. However, an opportunity such as bankruptcy does come at a cost – filers may notice their credit score drop after a successful bankruptcy filing. The impact on a filer’s...
Filing for bankruptcy is often a big relief for the filer, but it’s a decision that sometimes comes with some negative emotions. Being able to deal with the ups and downs that can occur when you file may make the process a lot easier. One of the hardest emotions to...
Divorce and family law disputes don’t just affect emotions; they can also impact your finances. Sometimes, the financial toll becomes so serious that it leads to bankruptcy. It is important to take a balanced approach when assessing bankruptcy. Below are some...