Bankruptcy Law Blog

Vehicle loans are one of the most popular loan types in the country, and for good reason. To make a living, most people require reliable transportation. One of the main concerns of people who file Chapter 7 bankruptcy is whether or not they will be able to get a car loan once they have done…

Many Americans struggle with high levels of medical debt. Medical debt and costly medical bills are one of the top reasons for filing for bankruptcy in the United States. Approximately 60 percent of personal bankruptcies are caused by unmanageable medical bills. Unfortunately, millions of people will face financial hardship over the costs of accessing care…

Getting out of debt can seem overwhelming if you have ever been in deep water with debt. There are several options for getting out of debt, each with its own benefits and risks. It is important to understand that not all debt relief solutions are the same. Some debt relief solutions may not be effective…

The belief that it is better to have it now and pay for it later leads millions of Americans to buy things they can’t afford, only to leave themselves crippled with debt. There is a saying that unsecured debt is a perpetual cycle of debt. Otherwise known as the “credit card trap”, many people find…

The end of another turbulent economic year brings record levels of debt burdens and difficulties earning an income. The start of a new year presents an opportunity for many Americans to learn from past mistakes and set goals to improve in the upcoming months. Here are a few strategies for boosting your budgeting and financial…

Many people seeking debt relief turn to the internet for a quick search of debt relief solutions. Often, people are guided towards various debt management and debt settlement options that may not be the best option for their financial situation. Although some people readily seek bankruptcy, many other people may hesitate to seek bankruptcy relief…

If you have ever experienced problems with debt or are currently seeking debt relief, you may have heard of credit counseling. Credit counseling is a low cost service provided to you by a non-profit or government agency to help understand some of the options for getting out of debt. Credit counseling companies can help you…

Wage garnishment is legal order in which your employer is required to deduct money from your salary and wages to be paid to a creditor. Wage garnishment orders can demand portions of your paycheck for resolving debts like spousal/child support, student loan debts or payments to credit card companies. However, for most debts garnishment can…

The supply of holiday-related items and gifts is expected to be at its lowest in over a decade this season. While supply-chain officials work to alleviate the back log of goods stuck in the shipping ports, many people are bracing for added costs to their typical holiday items. Many consumers are beginning to report record…

Many people are scrambling to buy gifts for loved ones this holiday season as a backlog of shipping containers at the ports threatens delivery before end of December deadlines. Although most people worry they won’t receive their items in time, many others are also concerned about the possibility of high prices for those items. Costs…