How to Save Instead of Spend This Summer
Every summer, we always get excited thinking about all of the things we plan on doing. Whether it’s a road trip to visit family in another state or a trip...
Steps to Recover from Financial Distress
Creatures of habit. It is a term used to describe the natural tendencies of people based on their personal habits. For instance, if a person gets paid on Friday and...
Using Your Tax Refund Wisely
It’s that time of year where you’ve moved beyond the optimistic idealism you had when you made your New Year’s Resolution and have realized that we’re nearly halfway through 2017....
MARRIED COUPLES DO NOT HAVE TO FILE FOR BANKRUPTCY JOINTLY
This topic almost found a place in last month’s top misconceptions blog. Many people think a married couple has to file together, and that is just not true. While it...
BANKRUPTCY MYTHS, COMMON MISCONCEPTIONS
The common theme found in many of my blogs, is that bankruptcy is not something to be ashamed of. It is a protection here to help you when you need...
BE WARY OF LARGE BANKRUPTCY FIRMS
Bankruptcy gives debtors, that want to honor their debts, a chance to fix their finances. It can forgive most debt entirely and give you a clean slate. This is known...
Bankruptcy: What do I get to keep?
Many people don’t really understand what happens when they enter into bankruptcy. Entering into bankruptcy doesn’t mean you sign away all of your earthly possessions and give up everything you...
1099-C Forms
Each year during income tax season, millions of American taxpayers file 1099-C tax forms with the IRS. A 1099-C is a form that reports Cancellation Of Debt Income, or CODI....
Info On Surrendering Your Home
Many people decide to give up their homes when they file bankruptcy, and some are under the impression that the court somehow takes possession of their home. What really happens...
UPDATE AND SUPREME COURT RULING INFO: Bankruptcy Shake-Up
Here is an update on the supreme court ruling regarding the blog post below on Chapter 7 filings. The Supreme Court ruled that there can no longer be any “stripping...