Bankruptcy allows someone to stop aggressive collection activity and potentially get rid of their debt through a discharge. In theory, after that discharge, the person who filed has a perfect opportunity to start rebuilding their credit. Unfortunately, if the...
Month: May 2021
Is a bankruptcy wave about to break?
Consumer bankruptcies are always driven by each person’s individual situation -- but economic issues throughout the country and other external factors can be a significant driving force that causes bankruptcy filings to ebb and flow dramatically. In 2020, consumer...
How can I get creditors to stop harassing me?
If you have significant debt, you more than likely already feel stressed about how you will pay off your debt. Your stress increases though when you get multiple calls from creditors each day. You may be more than tired of these creditor calls and want them to stop....
How bankruptcy could help you regain control over your mortgage
Managing household finances often means deciding what bills to pay and when. Sometimes, past-due bills or unusual expenses will take precedence over recurring monthly ones. If you have prioritized other bills over the payment of your mortgage in recent months, then...