The Serious Business of Bankruptcy

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The federal government makes available a way for those who are struggling under the weight of impossible debt to have a new start by freeing them of their financial burden. A bankruptcy isn’t easy, but can make it possible to live a normal life again, freed of the heavy burden of crushing debt. When you […]

The Myths and Reality of Avoiding Bankruptcy

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The reasons to avoid bankruptcy.
The number of people filing for bankruptcy in 2006 was 617,660 - in 2007 that number increased to 850,912. Bankruptcy is turning into the most convenient option for people who are facing severe financial problems. However, strikingly, the majority of these people are ignorant of two very significant factors. One, bankruptcy […]

The Best Day of the Month to File Bankruptcy

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Thinking of filing bankruptcy? Before you do, pull out your calendar and the phone number for your bank. The day you choose to file could save you (or cost you) thousands of dollars.
Here’s why: the assets that you own on the day you file are the only assets that are considered in […]

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