BANKRUPTCY BLOG


Informative articles on bankruptcy

Today is National Credit Card Reduction Day! We know that “debt” is a word that no one generally likes, and you’re right. Generally, an American has an average debt of $ 4,293 on 2.5 credit cards for an average interest rate of 16.86%. These interests represent huge amounts that could
Are you struggling with money management after your recent bankruptcy? Don’t let holiday spending get the best of you. We’ve put together a list of 6 ways to stay out of debt during this holiday season. Prioritize your gift list & set aside a set amount of money you will

November 21, 2018

Sam Henry Holiday Hours

Happy Holidays! Our special hours are as follows: Thanksgiving: Sam Henry’s office will be closed on Thursday, November 21 & Friday, November 22. Christmas: Sam Henry’s office will be closed on Monday, December 24 & Tuesday, December 25. New Year: Sam Henry’s office will be closed on Tuesday, January 1.
Thinking of filing for bankruptcy around the Christmas holidays? Keep the following information in mind before you do: Non-Dischargeable Debt According to bankruptcy law, those who choose to file for bankruptcy near the holiday season are still responsible for any debt acquired as a result of purchasing gifts. This means
Top lenders of Toys ‘R’ Us have decided to cancel the bankruptcy auction of its brand name and other intellectual property assets and instead plan to revive the Toys ‘R’ Us and Babies ‘R’ Us brand names, a court filing showed. The lenders plan to open a new Toys ‘R’
A recent study has found that the rate of people 65 and older filing for bankruptcy is three times higher than in 1991. This shift follows a three decade shift of financial risk from government and employers to individuals who are bearing an ever-increasing responsibility for their own financial well-being
Tips for Responsible Credit Card Ownership Generally speaking, people tend to spend more when they use credit cards instead of cash. It can be easy to get in over your head with debt, and before you know it, filing for bankruptcy might seem like the only option. Studies show that
Debt Collection- Know your Rights! Debt issues can be hard to manage, and calls from collection agencies can make a challenging financial situation even more stressful. Before you pick up an incoming call from any debt collection agency, you must first know your rights! Collectors may only call during business

February 14, 2018

Celebrity Bankruptcies

Celebrity Bankruptcies Although they live vastly different lives from the average consumer, celebrities often have to make hard decisions about their financial future, just like the 800,000+ people who file for bankruptcy each year. Below, we’ve put together a list of some of America’s most prolific actors who made the
Rebuilding credit after bankruptcy If you’ve recently filed for Chapter 7 bankruptcy, chances are your credit was in tatters. Contrary to popular misconceptions, bankruptcy won’t ruin your financial future. Start with the basics, and work your way back to a good credit score by following these steps. Start with a