If you recently filed bankruptcy but also have a student loan, there are a few things you need to know. Here’s a guide on bankruptcy and student loans. The average student loan debt balance among borrowers of all ages is $39,351. People who are 24 years old and younger, collectively carry $115.5 billion in outstanding […]
Covid-19 Bankruptcy: What You Need to Know
Covid-19 bankruptcy has been an issue sweeping the nation. If you suffered bankruptcy during the pandemic, here’s what you need to know. There’s no denying that 2020 was a year for the record books. When the WHO declared a COVID-19 pandemic in March 2020, things rapidly began to go downhill in the United States. This […]
Are Bankruptcies Public Record? The Facts You Need to Know
Are bankruptcies public record? We explain the legal details you need to know to help you navigate the aftermath of filing for bankruptcy. Are you tired of wondering how many people know your business? Who can see a bankruptcy in your past? If you’re preparing to file for bankruptcy, it’s natural to wonder how much […]
A Comprehensive Guide to Declaring Bankruptcy in Nebraska
If you are declaring bankruptcy in Nebraska, you need to read this guide first. Here, we outline key laws and guidelines to help you through the process. Declaring bankruptcy is not a simple process. Before filing for bankruptcy in Nebraska, you need to hear the good news and the bad news. The bad news: filling out […]
Monetary Due Diligence: The Disadvantages of Filing for Bankruptcy
Is filing for bankruptcy the best choice to resolve your debt issues? We explore some of its downsides in this article to help you make an informed decision. About 33 percent of Americans say they’re financially healthy. While that’s 4 percent more than in 2019, it still means that over two-thirds of the US population […]
What Happens After a Chapter 13 Discharge?
Knowing what happens after a chapter 13 discharge is equally as important as the process. Learn what to expect as you reach closure in this helpful guide. You’ve spent hours with the lawyer working on your Chapter 13 bankruptcy. You’ve been to court and filed all the paperwork. Finally, after years of waiting and making […]
Can I Keep My Car if I File Bankruptcy?
Are you wondering what will happen to your car if you file bankruptcy? If this situation concerns you, here’s an explanation regarding what happens to your vehicle when you file bankruptcy. Each year hundreds of thousands of households file for bankruptcy in the United States. Even though the rate has dipped in 2019 and 2020, […]
Divorce and Bankruptcy at the Same Time: A Detailed Guide
There are special considerations when filing for divorce and bankruptcy at the same time. Which should you do first? Should you do them at the same time? Learn more in this guide. There is no doubt that sharing your life with another person can create challenges, especially when it relates to money. Some 48% of […]
What Is the Income Limit for Filing Chapter 7 Bankruptcy?
Considering filing Chapter 7 Bankruptcy? Learn what the income limit is and other useful information about filing Chapter 7 in our guide. The average American in 2020 rotates between four credit cards and carries almost $6,200 in credit card debt. That’s an increase of almost 20% from a decade ago. Whether you think $6,200 sounds […]
Bankruptcy and Evictions: Will Bankruptcy Clear Prior Home Evictions?
Many people have questions about the connection between bankruptcy and evictions. Will bankruptcy clear prior home evictions? Find out here. Are you worried about bankruptcy and evictions? You may also be worried about the future, especially your credit profile. In particular, you may wonder if bankruptcy will clear your eviction record. Sadly, the answer is […]