The stigma associated with bankruptcy is a strong deterrent for the average person. They believe that bankruptcy is only for irresponsible people or unethical businesses trying to avoid personal responsibility for prior bad decisions. In reality, bankruptcies are...
Bankruptcy
What happens to your credit score after bankruptcy?
It is a common misunderstanding that someone who files for bankruptcy will forever have financial limitations afterward. People delay or decide against filing at all because they think that they won't be able to buy a house or even use credit cards. In reality, while...
3 tips to help women after filing for bankruptcy
Anyone can end up in a financial position where they need to consider bankruptcy. Whether you’re working as a CEO or you have a minimum-wage job, there can be problems that arise in your life, like a serious medical condition or job loss, which could change everything...
What makes Chapter 11 bankruptcy beneficial for business owners?
When people think of bankruptcy, Chapter 7 proceedings are often what they imagine. They think about people asking the court to discharge their debts because they can't pay them back. However, liquidation bankruptcy is only one kind of proceeding. There are multiple...
Can you pass the means test for a Chapter 7 bankruptcy in Nevada?
Realizing that you may need to file for bankruptcy is often only the first of multiple difficult decisions. After that, you will have to decide what kind of bankruptcy you file. The different chapters of bankruptcy help people in different financial circumstances. ...
Why you shouldn’t worry about the stigma of bankruptcy
Dealing with financial problems can feel embarrassing or shameful. There is a stigma associated with financial struggles, and, therefore, many people who are struggling to pay their bills try to hide it. They may even go so far as to purposely adopt an extravagant...
What will you lose if you file for bankruptcy?
If you’re struggling with your finances, then something you may have started to think about is going through bankruptcy. Bankruptcy can help you get back on your feet financially speaking, but it’s also a potential risk. Bankruptcy can have long-lasting implications,...
Could Chapter 13 bankruptcy help you in between executive jobs?
Having the skills, education and experience to perform an executive job can be a mixed blessing. On the one hand, you can command a higher wage than many other professionals and benefit from the procedures associated with your title. On the other hand, it costs a lot...