Further your education is a valiant way to get farther in the world. You can grow your skill set, discover a new one, or completely shift your career field. However, those who have weathered bankruptcy wonder if educational loans, like those you can secure through FAFSA, remain an option for them....

Business owners should know there’s not just one form of bankruptcy—there’s six major types. Chapter 7 Bankruptcy, or “liquidation under the Bankruptcy Code,” liquidates the nonexempt property of the business and uses the money earned to pay back creditors. What in your business is nonexempt? And...

Debts are piling up. Employees are stressed. The business just doesn’t seem to be working. You have a plan to fix things and become profitable again — but you can’t seem to catch a break to implement it. You’re not alone. In 2022 alone, nearly 5,000 businesses across the United States filed for...

What does Bankruptcy Fresh Start Mean? According to the US Courts, over the last two years, roughly 413 thousand people filed for bankruptcy. Of those cases, nearly 310,000 filed for Chapter 7. This bankruptcy filing is commonly referred to as creating a “Fresh Start.” A fresh start post filing...

According to Ramsey Solutions, just over 55 million households  are carrying a balance on their credit cards. Luckily for you, you are not alone. Unfortunately, society has placed this idea that things are more important than financial freedom. It certainly is okay to spend money as long as your...

The recent financial crisis has helped shed light on some of the myths regarding bankruptcy, but nearly all of the commonly believed untruths about bankruptcy are still around in some form. Sadly, most of these myths are negative and discourage people from considering bankruptcy even when it’s the...