learning from experience
Prices are rising while wages are remaining stagnant. It is no surprise that many Americans are burdened with debt. According to Experian, the average American household debt is $105,056. This is a record high and a 13% increase from 2020. If you are feeling a financial squeeze, there are some
The word bankruptcy is often associated with the idea of financial ruin and dread. The general public views the process of bankruptcy as a last resort to escaping unfathomable amounts of debt. However, this notion is far from the truth and doesn’t account for the numerous benefits bankruptcy has to
If you are drowning in debt, you may be wondering about your utilities, especially if you are considering bankruptcy. Will you be able to keep the lights on? What about your home phone? How are gas and water affected? If you are behind on your utility payments and your services
It’s no secret that navigating divorce can be emotionally and financially challenging. Adding bankruptcy into the mix of a divorce can make the situation more complex. Both processes significantly impact your financial future, so it’s crucial to understand how they interact and the steps you can take to navigate both
When you file for a Chapter 7 or Chapter 14 bankruptcy, there are rules as to what assets you can keep. One asset that bankruptcy filers worry about the most is their home. That is why many people avoid bankruptcy. They fear losing their home, especially if they are using
Filing for bankruptcy can rid your life of the financial stress you desperately want to escape from. Despite this, you may still wonder how something like bankruptcy, which temporarily affects your credit score, can impact tasks such as renting housing. The good news is you can still rent housing even
For many, filing for bankruptcy is the way forward when trying to create a better financial future. However, navigating the process can feel daunting, especially when you still need to navigate paying for essential expenses, including utilities, rent, and other necessities. That is why we are here to share these
Going through the bankruptcy process can be stressful, cause anxiety, and lead to sleepless nights. Having to file for bankruptcy is often seen as a last resort rather than the lifeline it should be, making the process feel much more daunting. However, it doesn’t have to be this way; you
