Topic: Bankruptcy

 

Feb
28

Understanding the Consequences of Bankruptcy

For some consumers, declaring bankruptcy can provide relief from seemingly insurmountable debt. But the decision to declare bankruptcy should not be taken lightly. It is a legal process with specific rules and requirements. And in some cases it creates more financial challenges than it solves. Of course, if you are considering bankruptcy as an opti...

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Filed under: Bankruptcy Credit Counseling Debt Management Plan

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Oct
15

5 Questions to Ask Yourself Before Declaring Bankruptcy

People who experience overwhelming financial hardship may consider declaring bankruptcy. It’s a viable option for many who have undergone a significant illness and the accompanying medical bills, long-term unemployment, or for whom credit card debt has become unmanageable. However, it’s not always the financial clean slate that people may be ex...

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Filed under: Bankruptcy Credit Counseling Debt Management Plan

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