The Federal Reserve has raised interest rates four times this year and nine times in the past three years. The latest rate hike of a quarter percentage point was just announced. While that's good news for people who have interest-earning accounts, it's troubling news...
One of the primary concerns that people considering Chapter 7 bankruptcy have is whether they'll be able to keep their vehicles. After all, we rely on our cars to get to work, chauffeur the kids to school and other activities, go grocery shopping and so much more. The...
Chapter 13 bankruptcy can be a crucial first step out of overwhelming financial difficulties. Chapter 13 allows people to reorganize their debts and develop a three-to-five year repayment plan. Some debts can be discharged completely in Chapter 13 bankruptcy. However,...
You filed for bankruptcy years ago. Now, due to a series of unfortunate events, you find yourself considering it once again. How soon can you file for bankruptcy a second time? How many times can you file for bankruptcy over the course of your life? It depends on the...
Falling behind on your taxes can happen very quickly, and tax debt is among the hardest to overcome. Not only are there few alternatives for eliminating tax debt, but the IRS has power to claim the money you owe without seeking the court order that most other...
Determining whether to file for bankruptcy is one of the most difficult decisions many people make. Bankruptcy should be a last resort, as it will impact your credit for a number of years. However, it will help you get a fresh start financially. So how do you know if...
The number of senior citizens filing for bankruptcy has increased by more than 200 percent in less than three decades. Social scientists who have studied this phenomenon point to a number of factors, including the rise in health care costs and a decline in pension...
Bankruptcy doesn't have to be the end of your ability to get credit. It can provide a fresh start to a healthier financial future unencumbered by mountains of debt. However, that won't happen overnight. It takes time, patience and careful planning to repair and...
If you have never had problems with your taxes before, getting a notice from the Internal Revenue Service that they are auditing you can be a bit alarming. The word audit is scary to a lot of people, simply because they do not know what to expect. Knowledge is power,...
One of the largest sources of debt for many Americans is student loans. Many are still paying off loans decades after they finished college or graduate school. As you've likely read or been told, it's very difficult to discharge student loan debt in a Chapter 7...
