When you feel like you can’t pay your bills, the pressure is enormous; yes, I’ve been there. Sometimes the pressure is so great that you don’t know what to do or where to start, so you don’t do anything. Trust me, that’s the worst thing you could ever do. Natloans via Compfight Maybe you’re thinking […]

When you hear the word “bankruptcy,” you probably have subconscious ideas about being a failure. You might think a lot of negative things about having to go this route. However, there are many positive aspects to filing, and it can be a refreshing new beginning. Here are three big advantages to filing for bankruptcy: 1. […]

The “b-word” is enough to send some people scurrying under the table in distress simply because of its enormous shame factor. Suffice it to say, for many people, the idea of making their personal or consumer bankruptcy public knowledge to their friends, family, faith communities, office, and city is enough to make them want to […]

If circumstances arise and you can no longer pay your mortgage or your other bills because of your financial situation you may want to consider filing for Chapter 7 bankruptcy. There are a number of misconceptions about bankruptcy, especially when people are not familiar with the bankruptcy process as well as the possible benefits. Financial […]

On Thursday the 28th of June, Stockton, California became the largest city to file for bankruptcy since Cleveland, Ohio went bust in 1979. After months spent in failing talks with creditors the city filed for Chapter 9 bankruptcy, after the council voted 6-1 in agreement with the decision. City Manager Bob Deis, addressing the council […]

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