Chapter 7 is the most common consumer bankruptcy. This bankruptcy type resolves debt under federal court protection. Unsecured debts, or those with no collateral, are often forgiven. Generally, credit card debt, personal loans, and medical bills are covered, but back taxes, student loans, and alimony and child support are not. Due to credit reports, it will be harder to get [...]
Throughout our 9 months of dealing with the coronavirus, there have been misinformation and rumors in all aspects of life. It is hard to tell what is indeed a fact or not. In my world, I have seen several COVID-19 Bankruptcy Facts and Myths. This blog is to set the record straight. Myth – The Closures of Bankruptcy Courts Have [...]
While this year is different than all others, the kids are heading back to school in some way. Perhaps, they did not need to do as much back to school shopping as years past. Regardless, you may have spent significant money this summer on vacation or and other summer activities to keep the family sane while you were working from [...]
