3 Things You Need To Know About Filing For Chapter 7 Bankruptcy
25 November 2015
It can be quite easy to get into financial trouble - especially in today's tough economy. The good news is you can help reduce your financial burden by filing for chapter 7 bankruptcy. However, this is not a decision that should be taken lightly. Here are three things you need to know about filing for chapter 7 bankruptcy.
1. You must complete credit counseling before you can file.
One important thing to know about filing for chapter 7 bankruptcy is that you must complete credit counseling beforehand.
Should Married Couples File Bankruptcy Jointly?
23 November 2015
Married couples who are in financial distress have the option of filing for bankruptcy jointly or separately. Which option you and your spouse should choose depends largely on your state's laws and your financial situation. To help you and your spouse decide, it is important you know when filing jointly or separately is best.
Should You File Jointly?
When you file jointly, every asset and debt that you and your spouse have become part of the bankruptcy estate.
3 Mistakes To Avoid When Filing For Chapter 7 Bankruptcy
10 November 2015
Many people end up turning to bankruptcy due to something that happened in their life that they couldn't control. Whether it be that you lost your job or ended up with a tremendous amount of medical debt, filing for Chapter 7 bankruptcy is a great way to eliminate your unsecured debts and start fresh. However, there are certain rules you have to follow to make sure you follow to stay within the guidelines of the court.
Help! Child Support Is Building Up And I Can't Afford To Pay It
9 November 2015
If you are not able to keep up with your child support payments, all is not lost. There are several things you can do but you do need to take action quickly so that you won't get buried under the growing debt.
Getting the Child Support Order modified
If your and/or your ex's circumstances have changed significantly, you may be able to get the child support order modified. The thing is, you shouldn't delay doing this because you can't get a modification that will take effect retroactively; it will only affect your future payments.