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Tips to Earn Additional Income Online

Posted on Fri, Jul 29, 2016 @ 11:07 AM

Many people are struggling with debt on a daily basis. Getting out of debt is a difficult process, and being a slave to debt can feel unbearable at times. The good news is, you can get out! The bad news? It's going to take a lot of hard work and determination.

Many people suggest cutting out unnecessary expenses in order to put extra money toward paying off debt. While this is sound advice, and anyone struggling to work their way out of debt should be cutting out frivolous spending, sometimes even the strictest budget isn't enough to solve the problem. 

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Tags: how to earn additional income

Why Do I Need Credit Counseling Before Filing for Bankruptcy?

Posted on Thu, Jul 28, 2016 @ 08:07 AM

Are you up to your ears in debt and losing sleep because you can’t pay your bills? If so, you may need to declare bankruptcy. Because declaring and filing for bankruptcy is one of the most serious decisions you’ll ever have to make about your finances, pre-bankruptcy credit counseling is mandatory. 

This is a requirement for people filing for either Chapter 7 or Chapter 13 bankruptcy. If you’re heavily in debt and are wondering, "Why do I need bankruptcy credit counseling?", here are some of the reasons why it’s required.  

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Tags: Pre-Bankruptcy Credit Counseling

The Summer After Bankruptcy

Posted on Wed, Jul 27, 2016 @ 11:07 AM

When you file for bankruptcy, you may feel as though you're still left in a financial tight spot. Summer still stretches ahead of you, and you have no idea what to do with it. Your friends may be taking lavish trips, heading out on their boats, or checking out expensive local events, while you're left sitting at home wondering what you're going to do.

Here's the good news: summer is a great time for implementing your new positive spending plans and learning how to more effectively manage your money following bankruptcy. 

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Tags: Summer Money Saving Tips

Why You Need an Experienced Bankruptcy Attorney

Posted on Mon, Jul 25, 2016 @ 10:07 AM

Consumers who are considering filing for bankruptcy may believe they can do it on their own without the help of a bankruptcy attorney. This is can be a risky perception, particularly if you are considering filing Chapter 7 bankruptcy which means your debts are fully eliminated once a discharge is issued.

Here are some of the challenges debtors face if they try to file Chapter 7 bankruptcy without hiring an experienced bankruptcy attorney.

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Tags: Bankruptcy Attorney

Summer Barbecue Tips: Keeping Costs Down

Posted on Thu, Jul 21, 2016 @ 11:07 AM

Summer is definitely a time of added expenses. With the kids out of school, finding  ways to entertain and feed them on a budget can be tricky.

Everyone loves a backyard Bar-B-Que! Here are some cost saving tips to help get the most bang for your BBQ buck.

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Tags: Summer Money Saving Tips

5 Easy Ways to Earn Additional Income This Summer

Posted on Tue, Jul 19, 2016 @ 14:07 PM

The long, lazy days of summer loom ahead. Not everyone, however, has the luxury of kicking back and enjoying them.

Whether you're a student hoping to get a jump on income for the next semester or a hardworking professional who needs a little extra income, there are several things you can do to earn additional income this summer

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Tags: Earn Additional Income

Just the Facts: The History of Trump's Four Chapter 11 Bankruptcies

Posted on Fri, Jul 08, 2016 @ 10:07 AM

When it comes to Donald Trump, it appears that he doesn't do anything half-way. Everything has to be the biggest, greatest, and most luxurious experience possible. This belief lies at the heart of the Trump philosophy – a philosophy which he has extended into the world of bankruptcy.

Trump’s casino-hotel business empire has declared Chapter 11 bankruptcy, also known as a reorganization bankruptcy, four times since 1991. Each time, he has managed to bring his empire back from the brink of destruction and shed billions in debt. Trump himself has never filed for personal bankruptcy.

However, despite the tendency of his political foes to use Trump’s history of bankruptcies as a starting point to question both his business acumen and his abilities as a leader, the reality is that successful businessmen sometimes use bankruptcy as a tool to protect their business during financial downturns.

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Tags: Bankruptcy, Celebrity Bankruptcy, Donald Trump

What Happens to my Property in Bankruptcy?

Posted on Tue, Jul 05, 2016 @ 11:07 AM

One of the leading questions in the bankruptcy process is, what happens to my property in bankruptcy? In most cases, property is protected in bankruptcy unless a borrower has significant assets that are not covered under bankruptcy exemptions.

Regardless of where a debtor lives, there are certain exemptions offered by either the state or under federal bankruptcy statutes which are designed to protect homeowners.

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Tags: Property in Bankruptcy

Fact or Fiction? 6 Bankruptcy Myths Debunked

Posted on Thu, Jun 30, 2016 @ 10:06 AM

Filing bankruptcy isn’t the most pleasant situation, but with all the myths floating around, it can make it even more difficult to understand.

To clear up any misunderstandings that you may have, we have debunked the following bankruptcy myths

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Tags: Bankruptcy Myths

Famous Filings: Celebrities and Bankruptcy

Posted on Tue, Jun 28, 2016 @ 12:06 PM

Famous people are not very different than you or I when it comes to managing their finances. This means that bankruptcy is something that can affect people from all walks of life. Even some of the most well known celebrities have had their own financial woes where bankruptcy was the path they chose.

While the amount of money they are managing may be a bit higher than what we are used to, and their lives are more public, there is a long list of celebrities who have found themselves making the decision to file bankruptcy for one reason or another. These Celebrity Bankruptcies can help put things into perspective for you: 

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Tags: Celebrities and bankruptcy

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