The Truth About Everything Bankruptcy
This website is designed to help you unlearn all the misleading information
you've read or heard about bankruptcy. I want to show
you that there is a way out of your financial problems. I want to
show you what your options are and the consequences of those
options. Most of all though, I want to make sure you take action
to change your financial situation as soon as possible rather than
waiting, with your head buried in the sand, until it's too late.
Know that you have options, and one of those options is bankruptcy. Contrary to what you may have heard, you can still file bankruptcy; people are doing it every day. Close to 1 million people filed last year!
The Truth About Chapter 7 Bankruptcy
Bankruptcy is a way for individuals to find debt relief through the legal process. The extent of the relief is based on a number of factors, such as income, amount of debt, and current financial situation. A Chapter 7 bankruptcy is ideal for those individuals who are faced with an enormous debt burden. Such an accumulation of debt can arise from large medical bills, overextended credit, and other crippling debt. […]
The Truth About Divorce
One of the leading causes of divorce is financial hardship. Overwhelming credit card debt, sky-high mortgage payments, and income reduction have the tendency to pressure and crack even the most solid couples. And while a divorce is messy enough, adding a bankruptcy to the mix can certainly complicate things further. […]
The Truth About Credit Cards
You may find that applying for credit cards is easy-too easy-especially if you are applying for your first credit card and you find that banks and loan companies are crying out for your business. If you have no credit history, a credit card can be a great way to begin building yourself a good credit rating […]
The Truth About Payday Loans
Payday loans are short-term loans to help you get through to the next paycheck, at which time the loan should be paid back. Fees and interest charged for such a service make it a costly way to borrow money. In reality, those who use payday loans are doing worse than living paycheck to paycheck. […]
The Truth About Chapter 13 Bankruptcy
Bankruptcy is a way for you to find debt relief through the legal process. The extent of the relief you are entitled to is based on a number of factors, such as income, amount of debt, and current financial situation. Chapter 13 bankruptcy is also known as a wage earner's plan. Simply put, under Chapter 13 bankruptcy, you must submit a repayment plan designed to repay all or part of your debt. […]
The Truth About Foreclosures
More than 2.3 million American homeowners faced foreclosure in 2008, an 81 percent increase from 2007. Today's economy has placed many otherwise fiscally responsible individuals into a position where they have fallen behind on their mortgage payments. […]
The Truth About Medical Bills
Americans struggle to put gas in their tanks and food on the table. Cash-strapped pocketbooks leave little room for medical and dental expenses, even in the best of times. The past decade has witnessed more and more Americans going without the medical and dental care they need and being unable to pay for the medical and dental services they require. a […]