Heavy loads of consumer debt coupled with economic uncertainty sometimes forces consumers to file bankruptcy. This is a legitimate financial route and shouldn’t be dismissed or underestimated. However, there are certain things to know before filing for bankruptcy.
The bankruptcy process altogether is a stressful time in life. It means you are facing financial catastrophe. Therefore it is important that consumers understand this process, its advantages and disadvantages thoroughly. So, do you know enough about filing bankruptcy?
Bankruptcy is a tough financial option that many Americans face every year. Sometimes, there is just no avoiding it. However, for some there are warning signs and certain choices that can help keep your finances in good standing. Here are … Read More »
I think we can all agree that filing for bankruptcy is a financial low point. You may feel embarrassed, financially vulnerable, and even like you’ve failed. And while it may feel like you are out of options and alone, that … Read More »
If you are over-burdened by consumer debt and are considering filing for bankruptcy, you may have wondered what life after bankruptcy would look like. Will you ever be able to re-build your credit or take out a loan? What about … Read More »
Navigating the path through financial uncertainty can be scary. If you have accumulated too much debt and are unsure if you can financially recover, you may have considered bankruptcy. One of the first steps of filing for bankruptcy is acquiring a … Read More »
Consumers facing a lot of debt from multiple creditors may want to consider consolidation. So what is debt consolidation and is it the right option? Let’s take a look at the advantages and disadvantages of debt consolidation loans to give you … Read More »
Have you ever heard of credit counseling? While credit is only named specifically in the title, there is a lot more to be gained from this service. Credit counseling can offer a big picture look at your finances. Additionally, it … Read More »
Last week we talked about celebrating financial victories. Unfortunately, the flip side of the coin is financial missteps. A bad decision or a lack of knowledge can snowball into a big financial disaster. Let’s take at a look at how … Read More »