Category Archives: Chapter 13
Bankruptcies Increase as Americans Seek Debt Relief
The bad news: more consumers are filing for bankruptcy. The good news? More consumers are filing for bankruptcy. Personal bankruptcy rates were 41 percent higher this September than they were a year ago, according to the American Bankruptcy Institute. Now, a surge in bankruptcy filings certainly isn’t something to jump up and down about because… Read More »
More Consumers Turning to Personal Bankruptcy
Personal bankruptcies are on the rise, according to the American Bankruptcy Institute – and there’s a reason that might actually be a good thing. Obviously, filing for bankruptcy isn’t ideal. In a perfect world, we’d all be able to overcome our debt burden by making a budget and sticking to it. Actually, in a perfect… Read More »
When to Consider Bankruptcy for Debt Relief
If you knew of a safe, reliable method to achieve financial independence, you wouldn’t hesitate to use it, right? I didn’t think so. Yet potentially millions of Americans have access to a surefire way to free themselves from debt – and they refuse to consider it. I’m referring to bankruptcy. Bankruptcy is your right as… Read More »
Is Bankruptcy Your Best Debt Solution?
When you have a headache, you take Tylenol. When you’re cold, you throw on a jacket. When faced with common problems, most folks opt for the most obvious solutions. Except when it comes to getting out of debt. For some reason, the vast majority of Americans will let themselves suffer for years before they consider… Read More »
Bankruptcy Stops Foreclosure By Getting to the Root of Mortgage Problems
Imagine having the best interest rate, decent loan terms and an affordable payment – but still losing your home to foreclosure. It might sound nonsensical, but it’s happening to millions of Americans right now. Rates are the lowest they’ve been in years. Uncle Sam has coughed up $75 billion in taxpayer money to encourage banks… Read More »