Helping With Your Financial Future
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...
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...
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...
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...
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...
In some cases, people are a bit hesitant to consider filing for bankruptcy to restructure and/or get rid of their debt. They may feel a sense of embarrassment or even shame. They may see their overwhelming debt as a sort of failure, and they may even think that...
Bankruptcy can be a welcome relief when you are caught up in debt. And if you get it right, personal bankruptcy can allow you to discharge or restructure and repay your debts. But bankruptcy can be a confusing and scary process, to say the least. Fortunately, you can...
When someone files a voluntary bankruptcy petition, the automatic y stay goes into effect. This generally means that creditors can’t take action to recover payment from the debtor. The automatic stay is covered under the Bankruptcy Code, and it has two primary...
In California and other states, no one wants to find themselves in a position where they need to file for bankruptcy protection. However, separating the facts from the fiction can demystify the process and help people make informed decisions about how this option may...
After getting behind on various payments in California, you might find that your credit score has decreased. While this could hurt some areas of your life, there are some ways that you can begin the repair process. Check your reports One of the first things you can do...