Bankruptcy is a term that can evoke a sense of fear, shame, and failure. Associated with images of destitution and despair, it's often a result of poor financial decisions or unforeseen circumstances. Yet, this stigma surrounding bankruptcy can sometimes obscure a...

Being a small business owner isn't easy. Between raising funds and managing staff, so many different elements factor into running a successful operation. Unfortunately, even the most profitable companies can occasionally face hard times. In some cases, this can lead...

Thousands upon thousands of people go bankrupt every year. The sad thing about this is that most bankruptcies are avoidable. All it comes down to is careful planning and diligence. Additionally, you have to reduce your outgoings and increase your savings rate to...

Filing for bankruptcy can be a tough decision to make. However, it may be the only option when you're struggling to manage your debt. That said, while it may be the right choice for your financial situation, it's essential to understand the negative effects of...

Banks or the federal government give students money to pay for higher education through student loans. Student loans can cover living costs, books, tuition, fees, and other expenses. At the same time, student debt is the entire sum of unpaid student loans from...

How to Start Again and Rebuild Your Credit After Bankruptcy Filing bankruptcy is always a difficult decision, both emotionally and due to the complexity of the legal process that follows. Today’s economy is quite unstable, and there are many causes of...

What is bankruptcy? A legal procedure called bankruptcy determines your inability to pay your obligations. It is a significant decision to file for bankruptcy. In most cases, neither the choice nor the circumstances that lead to it are enjoyable. Whether it's the...

How to Deal with the Emotional Stress of Bankruptcy Filing for bankruptcy is not as easy as it may seem to some people. It means ending a chapter of your life for which you have worked for years or your entire life. Not to mention that bankruptcy is frequently a...