Should I File Bankruptcy if I’m Expecting an Inheritance?

Let’s say you’re expecting an inheritance in the near future; however, you’re in a tight spot right now. Expecting an inheritance is great and you’re very fortunate to have someone special bestow some, if not all of their assets to you upon their death, but that...

Why Not File Bankruptcy?

We meet with a lot of people who think bankruptcy is their best option and rightfully so, but bankruptcy is not for all debtors in all situations. Truthfully, with the majority of people we meet, bankruptcy is not only their best option, but it’s something they should...

Chapter 11 vs. Chapter 13 for Small Businesses

In the world of entrepreneurship, it’s no secret that it can be hard for small businesses to survive. All too often, small business owners, especially new ones, take on too much debt in hopes of making enough profits to repay the debt, but much to their dismay, things...

Cons of Credit Card Debt Settlement

As of this writing, the interest rates for credit cards are between 17 and 17.26%. With rates that high, the balances on a debtor’s credit cards can quickly snowball if the debtor maxes out his or her cards. If the debtor can only afford to pay their minimum payments...

What Practices Are Off Limits for Debt Collectors?

When consumers get their first credit card or auto loan, they may be excited to enter the world of consumer finance, but they often fail to realize how debt can become a burden, a ball and chain, something that feels a lot like a heavy weight on their shoulders. Debt...
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