Karina Lucid, Founder and President of Lucid Law, recently appeared on the Solution Point Podcast. In this episode, Karina discusses the importance of your credit score and related issues. For example, she discusses the perceived stigma about the filing of bankruptcy. She also addresses another myth that the bankruptcy process will ruin your credit score. In fact, while there may [...]
There is good news for millions of Americans with financial hardship. The next round of stimulus payments is on the way. Stimulus money is showing up in bank accounts and checks will soon be arriving in the mail. However, there is also some bad news. Unlike the first two rounds of stimulus, this round is not safe from creditors. In [...]
Are you getting a tax refund in 2021? If so, what will you do with it? Maybe you will take a nice vacation. This sounds great but unlikely during the pandemic. Maybe you will put it away for a rainy day. Or, if you are like most of us, you will use it to catch up on bills. We all [...]
Bankruptcy is a legal proceeding where an insolvent debtor who cannot pay his creditor gets a fresh start. Personal bankruptcy law allows an individual to be declared bankrupt and declaring bankruptcy is a matter of right given by the federal law. If you decide to file for bankruptcy, the bankruptcy case will be handled by the federal courts. If you [...]
