11 Jun 2019
Foreclosure is a term that’s plagued with financial and social stigma and it brings to mind struggle, irresponsibility and loss. But though it has this stigma, many don’t realize that foreclosure could really happen to anyone. Anything from an unexpected loss in the family to prolonged unemployment, or even a sudden illness could lead to a [..]
21 May 2019
Not all college graduates are as fortunate as this year’s Morehouse College seniors, surprised with the news delivered during billionaire investor Robert F. Smith’s commencement speech that he will be paying off their student loan debt. Smith’s generous gift is estimated at $40 million. That is one (lucky) graduating class of 396 students. Just How [..]
9 Apr 2019
For the most part, anyone can file for bankruptcy. And when given a choice, many debtors prefer filing Chapter 7 bankruptcy because it discharges most debt, giving them a new and fresh start. However, in order to qualify, a debtor must first meet an income limitation by way of a means test. What is the [..]
13 Mar 2019
Bankruptcy laws do not require debtors to have an attorney to file for bankruptcy, but is it wise to represent yourself in order to save some money? Some people worry about the cost of an attorney so they take a crack at it alone…but what lurks around the corner for an unrepresented debtor? What can [..]
27 Feb 2019
Filing bankruptcy provides several protections to debtors, including the automatic stay. This is an automatic injunction that begins the moment the bankruptcy petition is filed, prohibiting creditors to collect debts from someone who has declared bankruptcy. In addition, an automatic stay immediately stops most civil lawsuits filed against you, prevents the disconnection of water, electric, [..]