Bankruptcy

There are many services posited as solutions for credit card debt. However, many of those alleged solutions just make the situation worse. Balance transfers can be helpful for certain people in specific scenarios. In cases where people have simply overused a...

Filing for bankruptcy doesn’t always mean closing your doors. Many business owners in Washington state are surprised to learn they may be able to keep operating during the process.  Whether that’s possible depends on the type of bankruptcy you file and how your...

Constant collection attempts from debt collectors can be stressful for people who aren’t able to pay those bills. These attempts can come through the mail, phone calls, text messages or social media messages. Once they start, it’s often difficult to get them to stop. ...

It’s often easy to understand why someone without a lot of financial assets may find themselves declaring bankruptcy. Maybe they were making minimum wage and working paycheck to paycheck, for instance. If there’s any disruption in their income, they almost immediately...

A lot of people are misinformed about why others file for bankruptcy. They believe it is down to poor financial management or getting caught up in trying to live a life they see on social media, full of big houses, luxury cars and designer clothes. While these factors...

It’s true that overwhelming medical debt is one of the top reasons why Americans file for bankruptcy. Often, the medical issue is largely out of the person's hands. They simply had to seek the type of medical care they needed to save their life, regardless of whether...

Credit cards are closely tied to bankruptcy cases. In fact, the United States recently surpassed $1 trillion in cumulative credit card debt. This all-time high indicates that Americans are using credit cards more than ever, and many may be struggling with outstanding...

If you’ve had to file for bankruptcy, you may feel overwhelmed. While it is true that bankruptcy impacts your credit rating, there are ways to rebuild.  Remember, bankruptcy is an opportunity for a financial fresh start. Here are a few tips that should help you...

Some people refuse to declare bankruptcy, even though it would help them. They are clearly facing overwhelming debt that they won’t be able to pay off. It’s impacting their ability to spend, and they need to reduce or reorganize their debt to create a successful...

Companies spend millions on marketing trying to persuade people that spending money on items will make them happy. The reality is, that it often leaves them feeling less happy. Here is why: Debt can cause unhappiness When you buy a new thing, you might feel happy for...