Category Archives: Bankruptcy

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Filing Bankruptcy with Equity in Home

Bankruptcy is designed to provide those struggling financially to get a fresh start. It has its advantages and disadvantages, making it something that will work for some but may not work for all. You might be considering bankruptcy, but are worried you will lose every piece of property you own. This is especially true if……
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Bankruptcy When Owning a Home

Many people in tight financial situations do their best to stick it through, despite incurring more and more debt as time goes on. They have this idea that if they filed for bankruptcy, they would end up losing whatever assets they still have. One asset than many hope never to lose is their home. For……
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Filing for Bankruptcy Without Your Spouse

While filing a joint bankruptcy petition with your spouse may save you time and money, if you are the only one with debt, it would be in your best interest to file individually. Still, it is important to know that even if you file for bankruptcy as an individual, your spouse may still be affected…….
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Filing for Bankruptcy With A Credit Judgment Against You

While filing for bankruptcy is a great way to eliminate your obligation to pay credit card debt, it is not so easy if you have a credit judgment against you. A judgment gives your creditor additional means with which to try and collect from you. They will have the ability to garnish your wages, levy……
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Huge Medical Bill and Great Credit: Do I File for Bankruptcy?

It goes without saying that your credit score will take a hit if you file for bankruptcy. The greater your credit score, the bigger the hit. On the other hand, if you are unable to pay your medical bill, it could lead to late-payment notices and even a judgment against you, which would also negatively……
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