Financial stress can be paralyzing. You may worry about a severe medical crisis, a job loss or a divorce. That fear often stems from misinformation about your options for addressing overwhelming debt. Bankruptcy is a legal tool designed to give you a fresh start....
When tax debt builds up, the IRS often takes action by garnishing wages or placing levies on bank accounts. These actions create even more financial stress and make it difficult to keep up with everyday expenses. Filing for Chapter 13 bankruptcy offers one way to stop...
If you're struggling to stay current on your mortgage, you may wonder whether Chapter 13 bankruptcy can help you catch up. Chapter 13 bankruptcy offers a way to reorganize your debts and create a manageable payment plan that allows you to catch up on overdue mortgage...
You are facing debt that you simply cannot afford. You have been considering all of your options, and you feel like it may be time to file for bankruptcy. The problem that you have run into is one that many people face: You simply feel guilty about using bankruptcy to...
When you fall behind on bills and struggle to keep up, it can feel like everything you have built is at risk—your home, your savings and your children’s sense of stability. For many families, the word “bankruptcy” sounds like the end. But in reality, it can mark a...
Sometimes, life can hand you more lemons. The emotional rollercoaster of not having things go as planned can add to the stress, including falling behind on mortgage payments. Your once sanctuary is on the verge of foreclosure, but you’re not powerless. You can take...
If you’re constantly looking at your finances, trying to determine if you can make ends meet, and then realizing that you’re going to have to pick and choose what to pay, you may soon figure out that you need to do something to regain control of your finances. One...
When bills start piling up and the stress is keeping you awake at night, it can feel like you’re drowning with no life raft in sight. Financial hardship doesn’t happen overnight, but recognizing the signs early on can make all the difference. It’s not always about...
Credit cards can help manage expenses, build credit and earn rewards. However, when they become the primary way that someone pays for everyday needs, it can signal a deeper financial issue. Overreliance on credit cards happens when people regularly use them to cover...
Filing for bankruptcy can be a lifeline when facing overwhelming financial distress. One of the most powerful tools at your disposal during this process is the automatic stay. It halts creditors and bill collectors, giving you the necessary breathing room to...
