Category:
Bankruptcy
When it comes to senior citizens, bankruptcy protection is the same, but different, as bankruptcy protection for Millennials. Or any other generation, for that matter. It is the same in…
We help with debt from thousands of creditors, including these companies: “I need a second chance!” That is bankruptcy in a nutshell. For whatever reason, your finances have gone…
Understand Your Bankruptcy Options Have 10 minutes? Get your bankruptcy questions answered here. Convenience We listen to what’s going on in your life. We learn about your life goals and…
Society used to harshly judge people who didn’t pay their bills. Robert Morris, a signer of the Declaration of Independence, spent three years in debtor’s prison in Philadelphia—and he was…
Getting hopelessly upside-down in our financial lives can happen to the best of us. (Ask the current occupant of the White House.) But when your debts far outweigh your ability…
Bankruptcy doesn’t have to put an end to your dream of owning a home – it could happen as early as a year after bankruptcy discharge. The key is to …
If your debts have been discharged through bankruptcy and you are employed, you should have room in your monthly budget to contribute to a savings account. Set aside three months…
“I need a second chance!” That is bankruptcy in a nutshell. For whatever reason, your finances have gone sour, you’re drowning in debt, you’re sure you learned your lesson, so…
What Is Bankruptcy Debtor Education? In order to be discharged from Chapter 7 or Chapter 13 bankruptcy, you must complete a Pre-Discharge Debtor Education course. The purpose of this bankruptcy…
Harsh as its consequences are, bankruptcy also provides a financial fresh start. One way to get going (we are not making this up): Buy a car. Bankruptcy filings can be…
Sources:
- Cheryl Winokur Munk (December 7, 2019) More Seniors Are Declaring Bankruptcy. Here Are 4 Mistakes to Avoid. Retrieved from https://www.barrons.com/articles/more-seniors-are-declaring-bankruptcy-here-are-4-mistakes-to-avoid-51575718201
- Marianne Hayes, Andrew Pentis (July 2, 2021) Debt Relief for Senior Citizens: Strategies and Resources. Retrieved from https://www.lendingtree.com/debt-consolidation/debt-relief-for-senior-citizens/
- Lauren Levy (April 4, 2022) Debt forgiveness for seniors: 5 strategies to consider. Retrieved from https://www.care.com/c/debt-forgiveness-for-seniors/