Chapter 7 bankruptcies are a popular choice for individuals and couples who are facing overwhelming debts. Filing for bankruptcy under Chapter 7 can help debtors tackle their financial issues in a matter of months, helping them to gain a complete fresh start.
Is summer child care deepening your debt?
Every morning is the same in your home. It may follow a pattern similar to this: You get the kids up and ready for school while you get dressed for work. A rushed breakfast gives way to goodbye kisses, the kids get on the bus, and you head to your job. You may do this on your own or with the help of your spouse. Your routine may be hectic, but it works. Then summer break comes along.
The link between foreclosure and health
Facing foreclosure can be an extremely stressful time in a person's life. If you are struggling with financial difficulties, you may feel that you have little to no control over the situation, and you may dread the day when you receive further communication from your creditor.
Assessing your assets, debts before filing for bankruptcy
Most people worry about their finances. Even if they are relatively financially secure, they may still have concerns about future expenses or what they will do in the event of an emergency. Of course, your concerns may go far beyond possible future problems because you already feel overwhelmed by substantial debt.
Will Chapter 13 bankruptcy repayments be manageable?
Anyone can find themselves in debt, especially when unforeseen circumstances arise. Therefore, filing for bankruptcy should never be a source of shame for anyone. In many ways, it is a commendable choice, because you are taking action to pay off your debts, thereby increasing the quality of life for your loved ones.
Consider this approach to tackling credit card debt
It's very common for people from all walks of life to get into credit card debt. Avoiding using credit cards can take an enormous amount of willpower because using them to splurge on a nice dinner or indulgent shopping trip is so easy to do.
