A lot of people frequently want to know the difference between credit counseling and bankruptcy. Chapter 7 and Chapter 11 bankruptcies are both essentially court-moderated repayment plans. Credit counseling, likewise, is...
In American society, the concept of avoiding debt seems nearly impossible. However, it’s possible. Being a bit frugal and money-savvy can go a long way. Live within One’s Means Use a debit card when making...
The national annual trend for bankruptcy filings has them on a slow but steady decline over the last couple years. This trend, however, is being driven by some key factors. Simply put, consumers are borrowing less...
A lot of people who are contemplating bankruptcy wonder which assets are exempt in a bankruptcy filing and which are not. Because the law changed a handful of years ago to make it more difficult to abuse the bankruptcy...
Many people wonder if tax debt may be included in bankruptcy. The answer is “yes” as long as certain conditions are met. Essentially, the age of the back taxes and reason they are owed are the primary factors when...
