Have you ever wondered if there is a specific amount of debt you need before you can file for bankruptcy? Is it ten thousand dollars? Fifty thousand? Does it have to reach six figures before the Court will consider your situation? The truth may surprise you, and understanding it could make all the difference in […]
Should You Use Retirement Savings to Pay Off Debt? Here’s Why I Strongly Advise Against It
Imagine working your entire life, building up strong retirement savings, only to drain them in an attempt to pay off mounting debt. It might seem like a quick fix in a stressful moment, but I have seen too many clients regret that decision. In fact, using retirement savings to pay off debt is one of […]
Can You Rent a Home After Bankruptcy?
If you have recently filed for bankruptcy, you might be wondering whether you will ever be able to rent a home or apartment again. For many people, this is one of the biggest fears when considering bankruptcy. The good news is that while a bankruptcy filing will appear on your credit report, it does not […]
Can Bankruptcy Stop a Utility Shut Off in Its Tracks?
Picture this. You come home and there is a utility shut off notice taped to your door. Suddenly, you’re facing the possibility of losing power, water, and access to the basic things that keep your life running. The panic sets in fast. But what if I told you there is a way to stop that […]
Chapter 13 Bankruptcy: Do You Have to Pay Back All Your Debts?
If you have ever heard that filing Chapter 13 bankruptcy means you must pay back all your debts, you are not alone. But here is the truth, most people do not know – sometimes you do not have to pay everything back. In fact, many people who file Chapter 13 end up paying back only […]
What You Need to Know Before Filing Multiple Bankruptcy Cases
What happens if you have multiple bankruptcy filings? Have you already filed for bankruptcy and are now thinking about filing again? Whether it is to stop a foreclosure, halt wage garnishment, or buy some time from collections, it is important to understand what happens when you file multiple bankruptcy cases. While filing again is legal, […]
The Truth About Buy Now, Pay Later: Convenience or a Debt Trap?
Is buy now, pay later a good idea? Would you ever imagine falling into debt over something as small as a burrito? It may sound ridiculous, but with services like Klarna, Afterpay, Affirm, and even PayPal offering buy now, pay later options, that situation is more common than you’d think. Today, you can order a […]
Why Waiting to File Bankruptcy Could Cost You More Than You Think
If you are drowning in debt or struggling with relentless collection calls, waiting to file bankruptcy might feel like buying time, but in reality, it could be costing you thousands. The Cost of Waiting: Why Delay Makes Debt Worse Many people wait far too long before considering bankruptcy. And by the time they do, the […]
Does an LLC Really Protect You If Your Business Fails?
Forming an LLC is a smart move for any small business owner. It gives the impression that your assets are shielded if the business encounters financial trouble. But here is the surprising truth: an LLC does not always protect you from personal liability, especially if certain mistakes are made along the way. What Is an […]
Can You Really Discharge Student Loans Through Bankruptcy? Here’s What You Need to Know
Are you wondering if you can discharge student loans through bankruptcy? If you are drowning in student loan debt and feel like there is no escape, you are not alone. Here is something that might surprise you: bankruptcy could help. With recent changes in federal guidance, discharging student loans through bankruptcy is more possible than […]
