Submitted by Anonymous (not verified) on Tue, 01/14/2014 - 08:00
With some hard work and smart planning, you can have great credit after bankruptcy.
Thinking about bankruptcy but terrified of the negative credit implications?
Don’t believe it when someone tells you that your credit will go up once you’ve gotten rid of the mountain of unpaid debts and past due accounts?
I get it – most people are convinced their credit will be terrible after bankruptcy. In fact, lots of people think they’ll never be able to get credit every again.
Submitted by Anonymous (not verified) on Mon, 01/13/2014 - 10:00
Uh oh! Chase is in trouble – again? Still?
JPMorgan Chase Bank is facing charges of illegal and fraudulent tactics in over 100,000 debt collection lawsuits in California.
Submitted by Anonymous (not verified) on Sun, 01/12/2014 - 08:00
Knowing what charge-off means can make debt resolution an easier process.
When you go past due on a debt, you the phone calls begin pleasantly enough. Customer service representatives try to gently move you to make a payment, almost apologetically so.
But within a few months of missing a payment, they start talking in ominous terms about charging off your account.
Submitted by Anonymous (not verified) on Sat, 01/11/2014 - 08:00
Awhile back, my practice went from boom to bust. One day I had a staff of 14 people, the next I was sitting alone at a desk in 2,500 square feet of prime downtown Manhattan office space.
At the time, I considered myself a failure. Looking back on it, I realize that I couldn’t have been further from the truth.
My office, prior to the collapse, was making a ton of money – but all of it was going out the door in overhead. My clients weren’t disappointed, but they sure weren’t thrilled with the service we were giving.
Submitted by Anonymous (not verified) on Fri, 01/10/2014 - 08:00
Death may be the end of the road for many, but if someone is in bankruptcy then the case can still go on.
What if your loved one has filed for bankruptcy and dies before the case is over?
Does the bankruptcy case disappear, or does it continue?
How does it affect the administration of the deceased person’s estate?
What if it’s a joint bankruptcy case – and the other person is still alive?
Nobody ever said death was easy …
If The Debtor Dies During Chapter 7 Bankruptcy
Submitted by Anonymous (not verified) on Thu, 01/09/2014 - 05:00
More than half of all businesses formed today will be gone in five years. Statistics like that notwithstanding, Chapter 7 bankruptcy isn’t usually the best route to take for the corporation shareholders.
According to Statistic Brain, chances of small business success are slim over the long haul. From incompetence to disasters, a litany of mistakes can shutter your operations in short order.
Submitted by Anonymous (not verified) on Wed, 01/08/2014 - 10:00
Solving your debt problems can be as tough as a blind man trying to describe an elephant.
In the story of the blind men and the elephant, three blind men all come together to describe the animal.
Submitted by Anonymous (not verified) on Mon, 01/06/2014 - 10:00
We spend an awful lot of time with our mobile phones in our hand. At the same time, we don’t do much to keep our spending in line.
Thankfully, there are a host of free mobile apps to help you get your finances in order, save money, and do it all without putting down your phone.
Submitted by Anonymous (not verified) on Sun, 01/05/2014 - 10:00
When you file for bankruptcy, you’re at the mercy of the court and your lawyer. Why not make it easier to get up-to-the-moment information?
Bankruptcy is a court proceeding, and it’s a public one.
Court documents are filed electronically, and the public has access to those records.