Tag Archives: financial distress
How Do I Pay for My Bankruptcy Attorney?
It may seem counter-intuitive, but it’s a fact – filing for bankruptcy and hiring a bankruptcy attorney costs money. But how do you get that money if you are filing for bankruptcy? Aren’t you filing for bankruptcy because you have no money to spare? Just because you are lacking in funds doesn’t mean you shouldn’t […]
Bankruptcy Filings Fell in 2011
The year 2011 saw an 11.7% drop in bankruptcy filings from 2010, according to a year-end study from Epiq Systems. In 2010, 1,561,008 people filed for bankruptcy, while in 2011 that number dropped to 1,379,113. About 70% of the filings are Chapter 7, which allow individuals to discharge their debts completely (if they pass a […]
Jumpstart Your Financial Literacy
The best way to get out of debt and stay out of debt is to become financially literate. It’s easier to control your finances when you understand your finances and how they work. Don’t be afraid of money, and don’t let it control you. When you control your finances, you control your freedom and your […]
Top Five Reasons for Family Financial Distress
Many times people find themselves in financially distressful situations but are not exactly sure how they got there. Often times it is a combination of factors that leads to this type of situation. If you are able to recognize this early on, you may be able to avoid the consequences that come with these dangerous […]
