In today’s economy, renting an apartment or home is quite common. Nearly 40% of people in the United States are renters, and many of them are facing financial hardship.
If you have lost your job or are experiencing other financial difficulties you may find yourself unable to keep up with payments on your lease. You may even be facing eviction.
One of the most common questions debtors ask before filing for bankruptcy is whether they should stop paying their bills or other expenses. After all, if you are already struggling to make ends meet and anticipate having your debts discharged, it may seem like a waste of money to continue paying your creditors.
No matter who you are, getting a call from a debt collector can be a daunting experience. Just because you owe a debt, however, does not always mean that you are legally obligated to pay it.
Under the law, creditors have a window of opportunity to file a lawsuit to collect debts, and if the statute of limitations has passed, that window closes.
Given the current economic climate, many Americans are forced to consider what happens when you declare bankruptcy. Whether a job loss, illness, divorce, or another unexpected turn of events has you looking at bankruptcy, here’s your guide to understanding the process.
What Is Bankruptcy?
Bankruptcy & Divorce are two of life’s most difficult challenges. They often occur together as financial stress might lead to divorce and divorce itself might cause financial problems. As a result, you may be thinking about filing for both bankruptcy and divorce and don’t know what to do first.
This blog will outline 5 of the factors you should consider when deciding which to file first: bankruptcy or divorce. You should also speak to a family lawyer before making a final decision about how to proceed.
Bankruptcy & Divorce are two of life’s most difficult challenges. They often occur together as financial stress might lead to divorce and divorce itself might cause financial problems. As a result, you may be thinking about filing for both bankruptcy and divorce and don’t know what to do first.
This blog will outline 5 of the factors you should consider when deciding which to file first: bankruptcy or divorce. You should also speak to a family lawyer before making a final decision about how to proceed.
As a result of the pandemic many small businesses have shut their doors and many more are struggling to survive. A significant number of small businesses continue to accumulate debt and many cannot meet the day to day expenses necessary to continue operating. Small businesses owners must decide whether to try to save their struggling business or to close their doors permanently.
As a result of the pandemic many small businesses have shut their doors and many more are struggling to survive. A significant number of small businesses continue to accumulate debt and many cannot meet the day to day expenses necessary to continue operating. Small businesses owners must decide whether to try to save their struggling business or to close their doors permanently.
Many Americans are currently struggling to get by or are just barely hanging on. If you have fallen behind on paying your credit cards, medical debt, rent or other bills it is important to know you are not alone.
Many famous people have filed for bankruptcy in order to have a fresh start. Just recently, Ahmed Zayat, the owner of 2015 Triple Crown winning horse American Pharaoh filed for personal bankruptcy protection under Chapter 7.
Many Americans are currently struggling to get by or are just barely hanging on. If you have fallen behind on paying your credit cards, medical debt, rent or other bills it is important to know you are not alone.
Many famous people have filed for bankruptcy in order to have a fresh start. Just recently, Ahmed Zayat, the owner of 2015 Triple Crown winning horse American Pharaoh filed for personal bankruptcy protection under Chapter 7.