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...
Year: 2024
Can you keep a partnership dispute from destroying your business?
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...
Can you keep your car if you file for bankruptcy?
Filing for bankruptcy often brings up concerns about personal property, especially something as important as a car. Many people worry that they might lose their vehicles, which could severely impact their daily lives. Knowing how bankruptcy laws protect cars can help...
Does business bankruptcy threaten your personal assets?
When you file a personal bankruptcy, some of your assets are going to be exempt. But if you use Chapter 7, then you have to liquidate your non-exempt assets. For example, your main vehicle may be exempt because it is a necessary means of transportation, but a...
Is it time to break up with your business partner? 3 signs
Business partnerships can be exhilarating – particularly at the beginning when everything is new and the spirit of cooperation is high. However, business relationships are like any other, and they can end up strained and counterproductive when two people stop feeling...
Credit card debt hits $1 trillion, a first in the U.S.
There has been a massive jump in credit card debt over the last three years. In 2021, this debt was right around $750 billion, when looking at the total debt for all Americans. But it skyrocketed and broke the $1 trillion mark in the final quarter of 2023. This was a...
What are the symptoms of severe trauma to the head?
Head injuries are injuries that occur to the scalp, skull or brain and can range from mild concussions to severe trauma. While you may recover easily from a mild concussion, severe trauma to the head will probably require specialized medical attention and can result...
4 mistakes newlyweds make that can lead to divorce
Marriage is a journey embarked upon in ways usually influenced by hope, love and commitment. Unfortunately, amidst the euphoria of tying the knot, many newlyweds overlook the potential pitfalls that could jeopardize their marital bliss. Any newly married couple can...
What’s the difference between bankruptcy discharge and dismissal?
If you’ve been reading up on bankruptcy as you consider whether this is the best choice for you, you’ve likely come across a lot of new and confusing terms. They may even sound like they mean the same thing when they don’t. Two words used frequently when discussing...
