Category: Bankruptcy – Chapter 7
How Unemployment Can Lead to Bankruptcy
About 6.2 million Americans were out of work in February 2020. As the COVID-19 pandemic hit the United States and the economy shut down, unemployment rates soared, and at least 20.5 million people were out of work. Some people were temporarily furloughed, while others lost their jobs permanently. Many business owners watched as their companies[…]
Many people might know that bankruptcy can help with debt problems. However, do you know exactly how bankruptcy can help with your debt and how soon? If you are facing a stack of unpaid bills, it’s easy to feel like there is no solution. However, you shouldn’t hesitate to discuss how bankruptcy can help with[…]
Four Common Myths About Bankruptcy
Unexpected events happen all the time in life. When they do, it can cause you to get overwhelmed with debt. Job losses, a death in the family, an accident or illness, marital breakups, and other situations can result in added bills or falling behind on monthly payments. Once it reaches a point at which you[…]
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