Bankruptcy Rebound
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Life after Bankruptcy
In 2005, before the new laws took effect, my wife and I declared Bankruptcy Chapter 7. We made this decision because it would allow us to eliminate over $150,000 dollars in credit card debt and to start rebuilding our credit. We didn’t own our own home at the time, but if we had […]
Outwit, Outplay and Outlast Personal Bankruptcy
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This year has proven to be an overwhelming financial hardship for most American families. The state of the nation and the economy have most Americans in a panic with the housing/mortgage crisis, job downsizing, and the ever soaring gas prices. As the trouble mounts, Americans are making some drastic decisions as to their financial future.
Declaring […]
Going Bankrupt - An Epidemic of Financial Failure in America
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Americans are going bankrupt at an extraordinary rate. According to the American Bankruptcy Institute, Baby Boomers are filing bankruptcy more than any other group. The ABI gathered data from courts and public records to track bankruptcy filings. The study revealed the percentage of U.S. citizens over the age of 45 who filed for bankruptcy protection […]
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