Debt Collection- Know your Rights!

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 […]

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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 […]

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Rebuilding credit after bankruptcy

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 […]

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Bankruptcy in the United States: A Brief History

Bankruptcy in the United States: A Brief History While bankruptcy laws have been amended numerous times in our country’s history, their primary purpose has never wavered: to allow individuals and businesses to eliminate or reorganize accumulated debt. The Bankruptcy Act of 1800 In 1800, Congress passed the first federal law […]

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Priority Debt & Filing for Bankruptcy

Priority Debt & Filing for Bankruptcy Before filing for bankruptcy, you should know that not all debts are treated equally. For example, certain debts,called Priority Debts, cannot be discharged, or forgiven, and must be repaid in full. What are Priority Debts? Priority Debts, or debts that take priority over other […]

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2017: The Year of Retail Bankruptcies

2017: The Year of Retail Bankruptcies Studies show that more people are turning to online retailers to find the latest fashion, accessories and technology in 2017. Because of this shift in foot traffic, retail stores are filing for bankruptcy at a staggering rate. The Limited Just a few weeks before […]

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Changes to Bankruptcy Law

Changes to Bankruptcy Law Bankruptcy laws have changed, but most people don’t exactly know the changes. Let’s look at the changes in the bankruptcy law. I’m sure that after you review the changes, you will see that the changes aren’t that drastic, and most likely will have little or no […]

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