Bankruptcy Blog

4 Signs It’s Time to Consider Filing for Bankruptcy

June 30, 2015

Financial stresses can plague people from time to time, but when these stresses don’t dissipate and they cause you to become financially overwhelmed, it may be time to consider some more formal debt relief options, including bankruptcy. Below are some of the more common signs that it may be time to reach out to an…
Read More

3 Facts to Know before Pursuing Debt Settlement

June 20, 2015

In light of our recent blog on the pros and cons of debt consolidation, now is a good time to take a look at another debt relief option – debt settlement. While debt settlement can help some people climb out of debt, it is important to understand the potential risks before proceeding in order to:…
Read More

The Pros & Cons of Debt Consolidation: Here’s What You Should Know

June 10, 2015

When shouldering a significant amount of debt, you may have various debt relief options, including debt consolidation. As with any option, however, it’s important to understand the possible benefits and drawbacks to determine if debt consolidation would be a good move for you. Pros of Debt Consolidation You may benefit from pursuing debt consolidation if…
Read More

6 Tips for Paying Down Significant Debt

May 31, 2015

If you are among the many people overwhelmed by serious debt, one of the first steps you may need to take to start improving your financial situation will likely be to start paying down your debt. In the face of a lot of debt, however, it can be difficult to know just how to do…
Read More

Your Go-To Bankruptcy Glossary: Common Bankruptcy Terms Defined (Pt. 2)

May 18, 2015

Resuming Your Go-To Bankruptcy Glossary: Common Bankruptcy Terms Defined (Pt. 1), here, we’ll continue to define some more important bankruptcy terms. More Bankruptcy Terms Defined Discharge – The elimination of the personal liability for certain debts (i.e., dischargeable debts). When a debt is discharged through bankruptcy, a person is no longer responsible for repaying it….
Read More

Your Go-To Bankruptcy Glossary: Common Bankruptcy Terms Defined (Pt. 1)

May 8, 2015

This bankruptcy glossary provides straightforward definitions for some of the most common terms associated with the bankruptcy process. If you are considering filing for bankruptcy to relieve your debt issues, understanding the terms that we’ll define in this two-part blog series can help you start to develop a better sense of what the bankruptcy process…
Read More