Selecting the type of bankruptcy you should choose might seem difficult, but the truth is that there are some significant differences between the types of bankruptcy that should make it easier for you to choose. The two main types of consumer bankruptcy include...
Bankruptcy
Bankruptcy serves as a solution so ignore judgment from others
The worries and stress sometimes overcome you. Extreme financial debt has placed you into a pit that you presume is difficult to climb out from. You want and need to be in a better financial place, but what can you do? Plenty. An initial step is filing for bankruptcy....
4 signs it’s time to consider bankruptcy
Far too many people consider bankruptcy a last resort. In their minds, they equate Chapter 7 and Chapter 13 bankruptcy with a failure of financial responsibility. In fact, the Bankruptcy Code was written in anticipation of hardworking Americans facing overwhelming...
Some debts remain after personal bankruptcy, but you can manage
Filing for bankruptcy likely provides the springboard for your new financial beginning. Your debt and financial struggles proved to be a wake-up call, and you clearly understood that certain behaviors in your life had to change, namely your spending habits. And now...
The difference between Chapter 13 and Chapter 7 bankruptcy
Bankruptcy is a safety rope that can save many people from crippling financial debts. There are multiple forms of bankruptcy, and each of them offers different benefits and drawbacks. If you are considering bankruptcy, how can you be sure which option is right for...
Have you heard these 3 common bankruptcy myths?
It’s no question that filing for bankruptcy can be a stressful time in a person’s life. However, there are many misconceptions that may permeate your mind when it comes to bankruptcy which makes it seem scarier than it really is. Myth #1: You’ll lose all your...
Bankruptcy may eventually improve your credit score
There should be more to life than constantly struggling to pay monthly bills. Unfortunately, even if you manage to make payments on time, an emergency expense may leave you with a tremendous amount of debt. You probably do not have to bear the anxiety that comes with...
Recovering financial stability after bankruptcy
If you are struggling with an overwhelming amount of debt, filing for bankruptcy may provide a chance for you to start fresh and regain control of your financial situation. Once you go through the legal process of filing for bankruptcy in Wisconsin, you may wonder how...
How do you know when to file for bankruptcy?
There are many reasons why people might choose to file for bankruptcy. Knowing when to consider this option is important because you don't want to file if you don't need to, but you shouldn't wait too long. There are some specific cases in which filing is the best...
Your situation determines how a bankruptcy will affect you
As the summer months near, some families will be considering taking vacations. Others are more worried about how they will make ends meet. There is a chance that the people in both of these groups will consider bankruptcy before the end of the year. While many people...
