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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...
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...
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...
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...