Bankruptcy Law Blog

If you are struggling with an overwhelming debt on your home mortgage and/or high-interest credit cards, you are not alone. Given the current economic situation in the country, there are millions of individuals who find debt repayment exceedingly unaffordable. Explore the various strategies of settling your debt and extricating yourself from the vicious cycle of…

Dealing with a massive debt is extremely difficult if you are unable to manage your finances well. However, there are ways in which you can deal with your crippling debt more efficiently. Debt consolidation and bankruptcy are two of the most popular debt management strategies in our country. Hopefully, you are wondering which of the…

One of the most popular ways of getting repo’d car back is by filing Ch 13 in California. Regardless of whether it is a small car, SUV, truck, van or motorcycle, you can always get it back. One way is by filing for chapter 13 bankruptcy. And what’s more? You can also renegotiate the loan…

Economists have found out that unlimited data mobile phone plans help limit inflation of the country. The unemployment levels are low and the job market is tightening. However, core inflation increased only by 1.9% in April when compared to the same time last year. It was at a 2.3% growth level in January and the…

If your student loan debt is giving you constant cold sweats and nightmares, you are not alone. There are millions of students in our country that are bogged down by their crippling student loan debt. Most are constantly looking for ways of easing out their financial burden. Here are a few student loan debt management…

Often taken as a last minute measure, payday loans are a high-interest, easy-to-procure kind of advance that are meant to be paid back in a few months. Under bankruptcy though, they are treated as an unsecured loan. Before looking for fast cash, learn the payday and title loan risks. Payday and title loan risks Payday…

Cashing out 401K to pay debt seems like a great idea till you get all the facts. There are a few, and let’s be clear about it. There are a few instances where it makes sense to do this. Your 401K is your savings for your retirement and it is best to leave that alone.…

Filing for bankruptcy or even the thought of it is quite disconcerting. Money management strategies are a dime a dozen, but not all of them actually work. They are like diets, they will work, but only if you are able to keep it up for long enough to reflect on the reports. You need to…

Debt is something that all of us face at some point in time. The ideal way to keep debt is paid on time and manageable balances. Debt management options are to be considered when in over your head and are unable to keep track of your finances. Therefore, the important thing to remember is that…

People assume that filing for bankruptcy means all debt is written off. This isn’t the entire picture. Some debts will be erased and others repaid. Secured loans are all paid off first. So chapter 7 and chapter 13 handles credit card debt in bankruptcy a bit differently. It is important to know the differences of…