If you are behind in your debt and your creditors are threatening you with liens or wage garnishments, filing bankruptcy can stop that action from proceeding. The automatic stay begins when you file bankruptcy and prevents...
A recent decision in the Fifth Circuit Court can change the fate of private educational lenders. In Crocker v. Navient Solutions, the court upheld a decision by the Southern District of Texas that not all private educational...
One of the most cited reasons for filing bankruptcy is unemployment or a reduction in income. The loss of income can come from death or divorce of the primary wage earner, layoffs, and cutbacks at work. Job-related financial...
When you look at the total value of your assets and subtract the number of your liabilities; if the number is negative, you are in what is commonly known as “upside-down.” Your debt is more than your net worth. If...
Some people think you must be flat broke to get bankruptcy protection. The truth is you can still have a job and file bankruptcy. Sometimes unforeseen actions cause us to get behind in our debt. Large medical bills Death or...
