When debt piles up beyond what you can manage, it can feel like drowning. You receive a constant flood of letters and phone calls from collectors, and the compounding interest takes on a life of its own. For people in this situation, declaring bankruptcy can be an attractive option. It wipes out many, if not […]
Few situations are more stressful than having more debt than you can manage. At those times, declaring bankruptcy might be your best option, but it’s a complicated process. Before you go down that road, you should understand what bankruptcy is and whether or not you need a bankruptcy attorney. Hiring a bankruptcy attorney might seem 100% […]
It’s unfortunate that many Americans are loaded down with more financial debt than they can afford. There can be many reasons for this, but typically it’s the result of some significant change in financial circumstances. For example, losing a job can leave someone unable to continue making payments at the same level. If you’ve reached […]
The novel coronavirus has shut down businesses of all sizes, many of which have also filed for bankruptcy. Even large companies such as Hertz, Neiman Marcus, J. Crew were no exceptions. One of the latest casualties is pizza chain California Pizza Kitchen, which filed for Chapter 11 bankruptcy. According to this New York Times article, […]