BLOG

If you’re struggling with overwhelming debt, you may be wondering whether bankruptcy or debt settlement is the better option for your financial situation.

Stopping wage garnishment can be stressful for many individuals facing financial challenges. Fortunately, there are several legal avenues to stop wage garnishment, and understanding these options can help you regain control of your finances.

Moving to a new country and building a new life is tough. It is even tougher if you're having trouble managing your finances and worried about the impact filing for bankruptcy might have on your or a relative's immigration status.

Facing tax debt is often enormously stressful, leading many individuals to wonder whether bankruptcy might provide a pathway to relief. The question of whether tax debt can be discharged through bankruptcy is complex, as the answer depends on several factors, including the type of tax debt, how old the debt is, and the type of bankruptcy filed.

Divorce can be emotionally draining and financially challenging, raising many questions about the implications it might have on your current and future financial health.

The journey toward debt relief hinges on pivotal choices, with two of the most common roads being Chapter 7 and Chapter 13 of the United States Bankruptcy Code. Understanding the ins and outs of each chapter is key for those seeking to chart a course toward financial recovery.

A lot of bankruptcy attorneys advise against filing jointly whenever possible. Doing so shields your spouse’s credit score and can help you re-establish credit by letting your spouse co-sign on new debts.

If you’ve been researching the pros and cons of bankruptcy, you've likely come across the con of how bankruptcy can impact your credit score. Your credit score is a measure of your financial health and ability to manage debt, so understandably, bankruptcy can have a significant impact on it. But exactly how long does bankruptcy stay on your credit report?

Creating a well-detailed estate plan is essential to leave assets for your surviving loved ones and provide instructions concerning how your final affairs should be handled when you’re gone.

Similar to a last will and testament, a trust can designate beneficiaries to receive your assets when you’re gone, but it has several additional benefits. For one, a trust avoids probate court proceedings -- it is private -- by eliminating public hearings or public records. Also, trusts have the flexibility of safeguarding assets when you do not feel confident the child will make wise money decisions.