If you are considering or going through bankruptcy, it is important to separate the truth from fiction. There are many rumors associated with bankruptcy, particularly Chapter 7 bankruptcy. Chapter 7 bankruptcy is the most common variety of personal bankruptcy filed in...
Bankruptcy
The role of medical bills in bankruptcy
Health care costs in America continue to trend upward and insurance costs follow suit. The Affordable Care Act made health care more accessible to more people, but costs are still high. In fact, even with government assistance, many people cannot afford adequate...
Understanding secured and unsecured debt
A consumer struggling to keep up with their bills may at times fall further into debt despite their best intentions and efforts. Depending on the circumstances, a consumer bankruptcy may offer the help a person needs to get out from under debt and set forth on a fresh...
Understanding secured and unsecured debt
A consumer struggling to keep up with their bills may at times fall further into debt despite their best intentions and efforts. Depending on the circumstances, a consumer bankruptcy may offer the help a person needs to get out from under debt and set forth on a fresh...
Can I have good credit again after bankruptcy?
Whether you have recently completed a bankruptcy or are currently contemplating filing for bankruptcy protection, you may wonder what your financial future looks like after this experience. While significant debt leads a person to a situation where they must seek help...
Bankruptcy before or after a divorce
Many people experience serious financial struggles. For some married couples, these struggles contribute to problems in their relationship and may even lead to the irrevocable breakdown of their marriage. When a divorcing couple needs to address significant joint...
Bankruptcy before or after a divorce
Many people experience serious financial struggles. For some married couples, these struggles contribute to problems in their relationship and may even lead to the irrevocable breakdown of their marriage. When a divorcing couple needs to address significant joint...
The difference between Chapter 7 and Chapter 13 bankruptcy plans
Consumers seeking help to manage their debt may at some point come to consider filing for bankruptcy. However, before making the decision to apply for help under a bankruptcy plan, people should educate themselves about the different types of plans available. The most...
Discharging student loan debt in a bankruptcy
The Bankruptcy Abuse Prevention and Consumer Protection Act, which was signed into law in 2005, makes student loan debt exempt from discharge in most situations, and individuals who seek relief from educational loan obligations are generally required to establish...
Credit card debt continues to plague America
Debt is a topic of considerable discussion among many Minnesota residents. Nationally, especially as the presidential cycle is again rolling around, it's debated in terms of the type of programs the government should and should not fund. On the personal level, most...