If you are in debt, you are not the only one. In fact, last year Americans accumulated about $90 billion in retail credit card debt alone. If you are having difficulty getting out from beneath a mountain of bills, you might consider filing for bankruptcy.
Declaring bankruptcy can be a tough decision to make. At this point, lots of questions are running through your mind. Will I lose my car or house in the process? Will the bankruptcy trustee take my property?
Many people today choose to file for bankruptcy so they can to wipe their debt clean, even though bankruptcies in America have slowly reduced since 2010. Once the bankruptcy has been officially filed, this prohibits any debt collectors or creditors from contacting you.
When you are making the difficult decision to file for personal bankruptcy, it is important to understand the purpose and the end goal for the bankruptcy process. Filing for bankruptcy does not have to be a permanent scar on your economic record—there are steps you can take to reach a better future with a more solid financial footing.
When faced with financial crisis, many people make the mistake of assuming bankruptcy is their best — or only — option to remedy their problems. While bankruptcy is sometimes the eventual result, it may not be necessary.
As a Huntsville area bankruptcy lawyer, I see people throughout northern Alabama ask three very understandable questions when the idea of filing for bankruptcy comes up...
Filing for bankruptcy can be a necessity for some who have gotten too deep into debt or have more expenses than they can keep up with.
P.T. Barnum was an American politician, showman, and businessman remembered for the Barnum & Bailey Circus.
Filing for bankruptcy can sound like a very intimidating and complex process, but in reality, it can be a true lifesaver for both businesses and individual consumers.
Samuel Langhorne Clemens, also known by his pen name Mark Twain, is perhaps best known for writing Adventures of Huckleberry Finn,
