Bankruptcy is not usually a product of poor financial decisions. It is something that happens because of events that are out of someone's control.Two of the most common examples are job loss and medical expenses. When you get fired without warning and lose your...
A lot of people are experiencing tough economic times, so you're certainly not alone if your bills are mounting and you don't see any way back.If bankruptcy is starting to look more and more like it's your only option, it's wise to take some steps to prepare. At the...
A lot of people are struggling with significant economic concerns right now. Unfortunately, many don't have enough money to pay all of their bills.Are you being forced to assess your bills and make some hard decisions about what to pay and what to skip because of your...
We are living in very uncertain times. Where what seemed sure and certain only a few months ago now appears quite shaky and unsubstantial.Due to the worldwide pandemic COVID-19, many people who thought that they had no financial hardships are now facing a perilous...
You've probably heard this before: You should have enough money set aside at any given point to cover at least three months of your bills. Six month's worth of income sitting in the bank, of course, would be better.If you constantly have "too much week left" after...
Think about why people file for bankruptcy, and what reasons come to mind first? Poor spending habits? Bad investments? Bad business decisions?These things can and do play a role. But they are not the main reasons why people end up filing. The reality is that it's a...
If you're deeply in debt, you may be planning to file bankruptcy. If you're like many people, you may simply be waiting for the holidays to pass so that you don't have to deal with the paperwork and finances until afterward.Well, be careful. The choices you make...
There have been some big bankruptcies in the news lately, from Dean Foods (the nation's largest producer of dairy milk) to luxury New York retailers, like Barney's. However, there are plenty of other bankruptcies in the works, as well -- although they get a lot less...
Are you pretty certain that your financial situation is unsustainable? Do you anticipate filing bankruptcy eventually?If so, you're hardly alone. For most people, all it takes is a couple of missed paychecks or a few unexpected medical expenses to put them on the...
Are you starting to get a little panicked inside every time you spot a tow truck in your rearview mirror? If you're behind on your car payments, you probably have good reason to be nervous. You never know when someone might be following you with an order for...
