It's already stressful to try to reduce debt, pay your bills and handle daily expenses all at the same time. And for some folks, it already feels impossible to do the first two duties. That's why creditors often take advantage of people in these vulnerable financial...
Month: July 2020
What is means testing?
When an individual needs relief from the burden of debt, they generally have two bankruptcy types available to them: Chapter 7 and Chapter 13. Because Chapter 7 bankruptcies offers debt forgiveness rather than a structured repayment plan, it is usually reserved for...
Tips to manage finances as a small business owner
For many adults, managing personal finances is already a source of stress. You have to balance income, expenses, vacations and bills all under one single budget. However, it's more complicated if you are an entrepreneur. As a business owner, you have to deal with your...
Tips for a safe road trip this summer
With flight restrictions still in place, now is the perfect time for a road trip vacation. Camping and visiting national parks are fun, relatively safe ways to spend your time off this summer. However, whether you are traveling within Ohio or Kentucky, or going...
How to negotiate with creditors
Due to the recent economy and unemployment rate, any adults are relying more on credit cards and loans to make ends meet. They may be putting more money into the credit card bills than they can pay by the end of the month. It might lead to an intimidating conversation...
Why is distracted driving so dangerous and what can victims do?
Distracted driving is extremely dangerous on our roadways and can result in serious car accidents and injuries. As a result, it is important to understand what distracted driving is and the legal protections available to victims of distracted driving-related...
Which chapter of bankruptcy should I select?
You may be on track for filing for bankruptcy. You know you are ready for a new start and to repay your debts, but you may not know what chapter to select during the process. It's critical to choose the correct chapter in order to reap the most benefits for your...
Three last-minute tactics to prevent foreclosure
You may be behind on your home payments, and you're almost at the point where you feel like there is no way out of foreclosure. It's an overwhelming and terrifying thought for most homeowners. No one wants to face losing their home. But there are some last-minute...
How does bankruptcy affect my career?
Bankruptcy is a huge decision that shouldn't be made lightly. Anyone who considers filing needs to know the repercussions and benefits of filing, including the potential effects it has on employment. Some people fear that filing for bankruptcy may end in losing their...
Life After Bankruptcy: How businesses make a comeback
Most consumers have the wrong perception that when a company files for bankruptcy, they are signaling the end of their history. We've seen it with huge names recently, such as Neiman Marcus, JcPenny's and Forever 21. However, some companies show that bankruptcy could...
