You fought hard, but no matter how you tried, you couldn't catch up with the overwhelming debt. Whether it was a medical emergency, divorce, job loss or just bad luck that set your finances in a downward spiral, the point is that bankruptcy is your best option. Despite the assurances that a successful bankruptcy is like a reset button for your financial life, you still may feel like a failure.
Don't let worries about credit affect your decision to file bankruptcy. Find out how a bankruptcy is reported on your credit report and what you can do to build credit after your bankruptcy.
People considering bankruptcy often worry about the impact that bankruptcy will have on their credit. Many people defer bankruptcy longer than they should fearing they will never be able to get a credit card, mortgage or car loan again. Learn the truth about bankruptcy and credit and what can be done to restore credit after bankruptcy.
It's a new year. What are you going to change? What are excited about? How about getting your financial house in order? If you have been wrestling with debt, now is the perfect time to take care of it. Find out why.
Read the article from the Milwaukee Journal-Sentinel here
Student loans have become a major and often overwhelming burden for many people in Wisconsin and throughout the entire country. Many graduates face the question of consolidation and determining if it is the right decision. Understanding whether consolidation is right for you involves a discussion about your particular situation, so do not rely on this post as legal advice.
Many families do everything they can to shield themselves from debt. Smart spending, living within their means, buying all types of insurance, putting money into a savings account and paying credit card balances off every month are great ways to create a financial cushion.
Many people who need bankruptcy relief do not seek help from an attorney based on one very big misconception: the belief that they will lose everything. This is simply not true. Bankruptcy law allows you to protect certain property from creditors under exemption statutes.
You have probably heard that filing for bankruptcy ruins your credit score. However, the truth is that bankruptcy can actually improve your credit score if you take the right steps once the process is complete.
Money is a common concern and source of on-going anxiety for 80% of Americans. In fact a recent survey found that 4 out of 5 American adults are faced with economic insecurity at some point during their lives. Even when we achieve a level of financial security and freedom we have to wonder, is it permanent?Here are some of the top financial matters that Americans worry about
Making Ends Meet - More than one-third of Americans biggest worry is regularly paying bills, a mortgage or rent payment, credit card payments, etc. Along with this, most people rank having adequate income / savings for a comfortable lifestyle as a top priority.