Latest on the Bankruptcy Blog

People suffering from overwhelming debts are already facing many challenges. Likely experiencing a financial hardship, many people are working to find a solution to their financial troubles. The last thing anyone needs is to be harassed by debt collectors. Defending Debtors With the advancement in technology comes great responsibility, especially in your right to privacy.  … Read more

Many of those experiencing overwhelming debt burdens reach a point of desperation. Worried about credit scores, asset liquidation and wage garnishment, many people are scared into making big decisions about their debt. For some, these decisions came without proper investigation; leading them into the office a phony debt relief company. FTC Warnings Just this week,  … Read more

Many people shy away from the benefits of bankruptcy because they feel ashamed of their financial situation. Besides the fact that most people end up in need of bankruptcy due to unexpected hardships, bankruptcy is intended for good. However, needing help to regain control over your finances can sting, but it certainly doesn’t make you  … Read more

The fall semester of college is now in full swing. Already students are racking up loads of student loan debt and growing their credit card debt balance with each passing day. The average college student will graduate with $25,000 or more in student loans and over $5,000 in credit card debt; all before they step  … Read more

Owing the IRS money is not an easy position to be in. Unlike other creditors, the IRS is vigilant about collecting their money and are easily granted the ability to collect through garnishments or liens on your property. If you are experiencing financial hardship you can still resolve your tax debts. Here is how: Contact  … Read more

The bankruptcy process is a tool for financial relief, and one that has given many people the opportunity to start fresh. While the process is intended for good, it may not always be the best choice for everyone. Before filing for bankruptcy it is important to consider a few aspects of your financial affairs. Are  … Read more

In many areas devastated by the foreclosure crisis families have been sent through the ringer looking for help. Luckily, filing for bankruptcy is one option that can help stop a foreclosure and assist in developing a plan to get caught up on mortgage debts. Keeping Your Home If you are considering filing for bankruptcy to  … Read more

Even after the height of the foreclosure crisis, families continue to be plagued by problems. This time it isn’t just the threat of unlawful foreclosures that threatens to victimize homeowners, but mortgage relief scams. Unfortunately, many families have fallen victim to loan modification scams; leaving them worse off than when they were only facing a  … Read more

Since the beginning of the foreclosure crisis, mortgage relief scams have been on the rise. Looking to take advantage of distressed homeowners, phony companies have been popping up offering illegitimate services for mortgage debt relief. Unfortunately, many homeowners have been victimized by these companies; leaving them in foreclosure and, often, out several thousands of dollars.  … Read more

One misconception about bankruptcy is that your reputation will be ruined. Many people assume that their personal information is at risk or that filing for bankruptcy will put them in the spotlight among family, friends and employers. In fact, nothing could be farther from the truth. Safeguarding Your Information While your bankruptcy case does become  … Read more