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Timing Your Chapter 7 Bankruptcy

Among the several different bankruptcy filings, Chapter 7 bankruptcy is the one where timing is imperative.  Chapter 7 is a liquidation proceeding where the debtor’s non-exempt assets end up being sold by a Chapter 7 trustee.  Whatever proceeds are made are...

Bankruptcy Filings Decline

In a sign that could further suggest the economy is indeed in better shape, the American Bankruptcy Institute recently reported that bankruptcy filings totaled 629,570 during January to September of this year.  These numbers represent a decrease of just over ten...

Proposed Bankruptcy Protections for Student Loan Borrowers

Not too long ago we briefly touched on student loans and the Obama administration’s seemingly ongoing discussions to try and address the problems associated with students loan payments and bankruptcy.  On Thursday, the U.S. Department of Education released a...

Small Business Ideas for Less than $1,000

Let’s say you’ve recently re-emerged from declaring bankruptcy, or you’re looking to boost your income each month and have some room to breathe when it comes to your bills and other expenses.  An option you may wish to consider is launching a small...

Common Financial Planning Challenges Consumers Face

Today’s economy can make financial planning very challenging.  Prices for products continue to increase at a high rate, while pay rates are increasing at a much slower rate, thus, making financial planning quite difficult for consumers.  Below are some other common...