Credit counseling is a useful tool for many people struggling with debt, but it is not always the best solution. It may not help if your debt is too large to be repaid within a reasonable time, your income is insufficient to cover even reduced payments, or your financial hardship is long-term and unlikely to […]

When you take a step back and really evaluate your financial situation, you may be shocked at just how much debt is truly costing you. Many people continue making minimum payments, struggling to keep up, and watching their balances barely decrease due to interest, fees, and penalties. But what if there was a way to […]

Yes, it is possible to move into an apartment with bankruptcies on your credit, though it may be more challenging. Landlords often check credit reports during the rental application process, and a bankruptcy can raise concerns about your ability to pay rent consistently. However, there are several strategies you can use to improve your chances […]

Before filing for bankruptcy, there are several actions you should avoid to prevent complications or potential allegations of fraud. Here are some key things to avoid: 1. Incurring New Debt Credit Card Charges: Making large purchases or taking out cash advances on credit cards right before filing can be seen as fraudulent. Creditors may argue […]

Yes, most of your credit cards will likely become null and void after you file for bankruptcy. Here’s how it typically works: 1. Chapter 7 Bankruptcy: Debt Discharge: In Chapter 7 bankruptcy, most of your unsecured debts, including credit card debts, are discharged. This means you are no longer legally obligated to pay those debts. […]