If you have ever faced problems with debt, you know just how inviting all of the relief options can be. There are numerous options for getting out of debt, each with their own benefits and risks. When it comes to debt relief,...
The word bankruptcy often brings feelings of fear and thoughts of failure. Many people assume that the bankruptcy process is simply a punishment for struggling with finances. Fortunately, that is a lie. The truth is, most...
You may have heard that filing for bankruptcy is bad because it will liquidate all your assets. This is false. Although there are some instances in which some of your income or assets could be used to pay debts to creditors...
The means test is a two-part calculation that determines whether a debtor is eligible to file a Chapter 7 bankruptcy or a Chapter 13. If the debtor is not eligible for a Chapter 7 the means test will calculate the disposable...
Most people ignore their finances until a problem arises. While some may experience financial hardship that builds up over time, some simply fall into hard times unexpectedly. Although how you end up in debt is not...
