Fast, Effective Debt Relief
New businesses are relatively fragile. Many of them don’t last. For instance, the Small Business Administration looked at the data and found that about 25% of new businesses close in the first 12 months. They don’t even make it through the first year. On top of that,...
No one wants to go through bankruptcy. However, it is often the only way to get debt relief for many. Now that you’ve made the decision to file for bankruptcy, it is time to think about your post-bankruptcy future. Taking the right steps now can help you maintain good...
Creditors are the party that will primarily be affected when you file for bankruptcy. They will no longer be able to initiate or continue with any action of collecting debt from you. So, should you notify them about your decision? Here is what to know to make informed...
Bankruptcy is a legal process that offers relief to businesses overwhelmed by debt. While it can provide a fresh start, it has significant consequences that can affect your business in various ways. It is crucial to understand the different types of bankruptcy...
If you and your family are dealing with overwhelming debt, deciding between debt consolidation and seeking a discharge via bankruptcy can be an overwhelming process. After all, each option offers distinct advantages and potential drawbacks. Ultimately, the best...
Running a business is not easy. The harsh reality is that many businesses run out of money and go bankrupt. The causes of this are numerous, but one thing to consider is sudden changes in markets. What is a sudden market change and how might your business respond to...
As we progress in life, we might sometimes realize that we have hit a rough spot financially. In these moments, when it becomes impossible to settle financial obligations, a Chapter 7 bankruptcy discharge can provide a fresh start by liquidating assets to discharge...
Unexpected medical bills or job loss can quickly turn a manageable financial situation into an overwhelming hardship. In such times, it is crucial to understand the options available to help you regain control of your finances. One such option is Chapter 13...
While building a successful business is certainly possible, it is by no means easy. The reality is that many new businesses fail, and even established companies can run into financial trouble. What are some of the most common causes of business debt? Failing to...
Are you drowning in overwhelming personal or business debt? If so, bankruptcy can be the lifeline you’re looking for. However, before exploring this debt relief option, you should know that if you don’t uphold the integrity of the process, your bankruptcy filing may...
