Facing serious debt can be stressful and, oftentimes, overwhelming. You may be juggling multiple bills, struggling to keep up with monthly payments or worrying about losing your home or car. The pressure can affect your daily routine and even your relationships. ...
When debt keeps growing and collection calls do not stop, it can feel like your finances are falling apart. Maybe you have missed mortgage payments, fallen behind on your car loan or maxed out credit cards just to get by. If you are worried about losing your home,...
A creditor lawsuit can result in many major consequences. First and foremost, the civil case becomes part of the public record. Other people may learn about an individual's financial struggles because they face a lawsuit. Beyond that, there are the consequences of a...
Many people who could use the protection of an automatic stay or the relief of discharging certain debts do not want to file for personal bankruptcy. They may worry about the negative impact bankruptcy could have on their lives. One of the biggest deterrents to filing...
Falling behind financially is a very stressful experience. Those who don't have the personal resources to consistently fulfill all of their financial obligations often have to make rather difficult choices. They might pay their mortgage but let their credit cards fall...
People sometimes have a negative opinion of bankruptcy, and it tends to stem from an idea that the person who is filing for bankruptcy is responsible for that financial position. They are blamed for making mistakes or poor decisions. They are told that it is their...
Chapter 13 bankruptcy may be the best solution for people in certain situations. Those who earn too much money to qualify for Chapter 7 may be grateful that Chapter 13 bankruptcy is an option. The same will be true for those who have more assets than they can exempt...
When you live in an apartment but also have other bills to pay, things can get tight. You might already be dealing with judgments against you or have poor credit, making it impossible to move to a new unit right now even though it might save you some money. This kind...
When someone sues you, the courts might award them a judgment. You could be subject to judgments for numerous reasons, but unmet financial obligations are a common source of personal judgments. A creditor can take you to court for an unpaid debt and use your payment...
If you’re struggling with money and don’t know how you’re going to pay back your debts, you’re not alone. There are many Americans in the same position, and attorneys who specialize in bankruptcy believe that filings for bankruptcy due to excessive debt will rise in...
