Who Will Know I Filed for Bankruptcy?
Filing for bankruptcy can be stressful. Even though the process will help relieve your debt in the end, that does not mean you don’t feel the pressure of having such a huge financial burden in the first place. One thing a lot of people wonder is: how public the fact that they filed bankruptcy will […]
How Filing for Bankruptcy Can Provide You With a Fresh Start
Filing for bankruptcy can be intimidating. Even the word bankruptcy can make you start to feel stressed and anxious. However, bankruptcy is not always bad. Sometimes filing for bankruptcy can actually make your situation better. If you are in an overwhelming amount of debt and choose to file for bankruptcy, you are basically giving yourself […]
How to Prepare for a Legal Consultation Regarding Your Finances
If you are facing financial difficulty, getting professional advice can be a big help. A free legal consultation can explain your problem and possible solution steps you can take. Law offices offer legal consultations in order to figure out if you are in need of their services or not. They often have tight schedules, so […]
Covid-19: How the Virus Has Impacted Homeowners Across the Country
The coronavirus pandemic has been raging across the country for six months now. Over five and a half million Americans have been infected, and now need financial help. In addition to this, the economy has faced struggles as people shelter at home from the virus. This caused many people who were previously in good standing […]
What to Do When You Get a Foreclosure Notice
You have put a lot of time and money into your home. The last thing you want is to lose it. Even if you get a foreclosure notice, don’t panic. There are still ways to slow down the process and save your home. So what is foreclosure, and what should you do if you find […]
Owing Money to the IRS: What to Do Next
Taxes are confusing and stressful for a lot of people. Owing money to the IRS just adds to that anxious feeling. If you find yourself in this situation, stay calm, and consider your options. It may not be as bad as you think, depending on how much money you owe. No matter how bad it […]
Mortgage Modification: How Laws Are Changing
At the beginning of 2019, there were a lot of changes made to consumer laws. One of these changes included new mortgage modification laws. The amendments in mortgage servicing and loan modifications were made effective April 1st of this year. Consumer Financial Protection Bureau (CFPB) Prepaid Rule The general use of prepaid cards is now […]
How to Complete Bankruptcy Forms
When filing for Chapter 7 or Chapter 13 bankruptcy, it’s likely that you’ll be dealing with a large packet of forms. These include the petition, a series of schedules, and various other documents. These papers form the crux of your case. It’s vital that you know exactly what to fill in where. But don’t fret! […]
Filing for Bankruptcy in Pennsylvania: The Process
Filing for bankruptcy in Pennsylvania is a fairly straightforward process, but if this is your first time, it can seem a bit overwhelming. To help you gain a better understanding of what to expect, let’s look at each step individually. There are two kinds of bankruptcy for individuals – Chapter 7 and Chapter 13. Each type […]
Understanding Your Credit Score When You File for Bankruptcy
Usually, when filing for bankruptcy, you’ve exhausted all other financial options to remain afloat. In terms of being able to pay off your outstanding debt. It may be the smartest thing to do to absolve yourself of having to pay back your lenders. But the downside is what will happen to your credit score, for […]