Category Archives: Bankruptcy
Crypto and Bankruptcy
With cryptocurrencies all the rage these days, consumers may be dismayed to learn that, although their assets are protected from some dangers by using external wallets or crypto wallets, when it comes to a cryptocurrency platform going bankrupt, their crypto may be at risk. Did You Know? When it comes to crypto platforms, there… Read More »
Bankruptcy Discharge or Dismissal?
For individuals who want to reset their finances and get a fresh start, bankruptcy can be a great opportunity. But the process can be demanding, with a number of regulations that must be followed. If everything goes according to plan, debt can be discharged. If rules are ignored or broken, the case can be… Read More »
Bankruptcy Will End Creditor Harassment
You owe money, and creditors won’t let you forget it. The distress and humiliation you feel have become overwhelming. But did you know that, while creditors have every right to chase down money owed to them, they are not allowed to actually harass you. What Constitutes Harassment? Naturally, creditors may take reasonable actions to… Read More »
The End of Bankruptcy Protections for Giuliani: a Lesson for You
One of the most important reasons that people file for bankruptcy is that they want to escape the relentless pressure that creditors place on them. It appears that former New York City mayor Rudy Giuliani may have hoped for just those protections when he filed for bankruptcy months ago, and, while it worked for… Read More »
Bankruptcy Comes for All Kinds of People for All Kinds of Reasons
People file for bankruptcy for all kinds of reasons. If you’ve been considering it, chances are you, like millions of Americans, have been stressed about debt and see no other way out from under it. In fact, in the last year filings for bankruptcies have increased by 16 percent, with nearly half a million… Read More »
Chapter 7 Bankruptcy: Means Testing
If you have been overwhelmed by debt in the state of Florida, you may be looking for a way out from under the pressure of debt collectors. You’re not alone: nearly 27,000 Floridians filed for bankruptcy in 2022 alone. One of the most common pathways out of debt is through a Chapter 7 bankruptcy… Read More »
Discharging Student Loans in Bankruptcy Just Got Easier
If the possibility of bankruptcy is in your future but you’re concerned because you’ve heard that your student loans are exempt from the process, there may be some good news for you. That’s because the federal government has made it easier for Americans who are burdened with crippling student debt to get out from… Read More »
Should I File Individual or Joint Bankruptcy?
If you are married and suffocating under impossible debt, you may be considering filing for bankruptcy. It can be a complicated question with a number of sub-issues worth investigating before progressing too far. One such issue is whether you should file jointly with your spouse, file two separate bankruptcies, or have just one of… Read More »
Your Bankruptcy Worries Addressed
Creditors are knocking down your door, and your only option is to file for bankruptcy. But the idea frightens you! It’s such a big step, and you have a number of serious concerns. You should know that the process, though certainly not pleasant, can make a huge difference in the amount of stress you… Read More »
A “Financial Pandemic”
While the pandemic may be behind us, the repercussions linger on. One of those problems that financial guru Suzi Orman portends is of a financial pandemic on the way, one that will take many Americans by surprise. The impact could be devastating on the financial well-being of those who are caught unprepared. Debt Although… Read More »