Latest on the Bankruptcy Blog

When it comes to dealing with your debt management, knowing the various options available to you is important. There are a variety of options, including credit counseling, debt negotiation, and debt management available, but knowing which is right for your particular situation will be key in helping you to solve it. Debt Management Options Knowing  … Read more

Unlike many forms of debt, medical debt generally arrives out of the unexpected: an illness or injury. The surprise aspect of medical debt generally means that such a great debt arrives suddenly and out of the blue, hurting your credit and finances and leaving you forced to consider bankruptcy. As it turns out, medical debt  … Read more

For most people, credit cards are a common financial tool used every day. They help make purchases with ease, can create a sense of security with accessing our money and may even be able to boost our credit scores; for others, they can simply be their downfall. Although few bankruptcy cases are brought about solely  … Read more

Many homeowners dealing with foreclosure proceedings can hire foreclosure attorneys to help them deal with, and avoid, the process. If you’re fighting the process of foreclosure, is important to know what to look for in a foreclosure attorney. Knowing what to look for in a foreclosure attorney can help you find the right one and  … Read more

The chief of the Swedish bank Riksbank wants there to be harder rules for people to pay down their mortgages. This move is in response to what he calls the “eternal duration” it is taking Swedes to pay down their mortgages over time and is fueled by rising worries over household debt and bankruptcy in  … Read more

People often think of credit counseling in reference to filing for bankruptcy. However, their services are open to everyone, and can be valuable for anyone looking to improve their financial situation. When it comes to credit counseling, you should take some time to figure out the right counselor for you. But what should you look  … Read more

Most of us with come to deal with a debt collector at some point in our lives. Whether from missing a payment on an unknown debt or purposely dodging payment due to financial hardship, interacting with a debt collector is never fun. To make matters worse, many debt collection efforts can be intimidating and intrusive.  … Read more

Tax debt, like many other forms of debt, is a growing problem in United States, especially with the current state of the economy. If you are dealing with tax debt, it is important to consider the various ways to solve your tax debt problems. But where do you start? What should you look for? Who  … Read more

Car loans are secured debts, which means the lender has the right to repossess the vehicle if you miss a payment. This can happen in as little as a few days after a single missed payment. If you are experiencing trouble with your finances, filing for bankruptcy can help buy you some time to resolve  … Read more

Anyone who has dealt with credit debt knows that it is a difficult situation to overcome. Luckily, there are ways to negotiate away your credit debt through various debt management solutions. Knowing what debt management solution is right for you is key. Understanding the various options for credit negotiation out there, and what to look  … Read more