Category Archives: Chapter 7
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 »
Atlanta Bankruptcy Lawyers See Silver Lining in Rising Minimum Payments
We’ve all heard the saying when life gives you lemons, make lemonade. Well, how about this one: when credit card companies give you higher minimum payments, make the decision to reduce debt for good and find a financially-secure future. OK, so it doesn’t quite have the same ring to it as the old lemonade adage…. Read More »