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Filing for bankruptcy is a process that can prove to be very stressful, even as the aim of filing for bankruptcy is to provide an individual with the benefits of significant debt relief. While filing for bankruptcy may feel overwhelming, if you’re moving forward with...
Filing for bankruptcy can be a stressful decision, especially for those renting a home. Many renters worry about losing their current home or facing difficulties when searching for a new place to rent. However, understanding how bankruptcy actually impacts a rental...
Being a business partner comes with responsibilities. Partners have a legal duty to act in the best interests of the company- otherwise known as fiduciary duties. Should a partner breach these fiduciary duties, then there may be legal repercussions. What are the...
It’s time to change the way people view bankruptcy. Many people feel a significant amount of guilt or even shame. They don’t want to file for bankruptcy. They think that others will judge them for doing so. It almost feels like “cheating” because they took out the...
If you fear your mortgage lender is about to take your home back then you’ll want to act fast. Losing your home to foreclosure could you put in an even more difficult position than you are already in. Filing for bankruptcy is an option that some people use to prevent...
Medical debt can quickly become overwhelming, especially when unexpected illnesses or injuries occur. If you have large medical bills in Massachusetts, understanding your options is important. Chapter 7 bankruptcy for debt relief Chapter 7 bankruptcy is one option...
People tend to focus on bankruptcy as a financial decision. Something that if done correctly, could help you go from a bad financial situation to a better one. While improving your financial situation is reason enough to file, you should also consider the benefits it...
Many people who consider filing for bankruptcy have no income. That may specifically be the reason why they’re considering bankruptcy in the first place. For instance, maybe they had a good job and were earning a high wage, so they took out loans or made purchases on...
A business partnership can be a blessing – unless it turns out to be the wrong partnership for either of you. When a business partnership fails, one of the major concerns you may have is how to keep your business from suffering the fallout. If you don’t want the end...
Debt can be devastating. It can pile up and may seem like something you cannot escape from. However, filing for chapter 7 bankruptcy could give you the breathing room you need to recover your finances and credit score. Chapter 7 bankruptcy involves the sale of...