Tag "bankruptcy"
What Are Your Tenant Rights When You Declare Bankruptcy?
If you’re renting and filing for bankruptcy, you probably have questions about your rights as a tenant. This blog will explore your tenant rights.
5 Tips for Credit Repair After Bankruptcy
Bankruptcy is something that no one needs to experience in their lives. Individuals declare bankruptcy when they know there’s no other option to them.
How Your Investments May Make You Bankrupt
No matter how rich you may think you are, you are just a maximum of five years from bankruptcy. Evidence has shown that most of the people that make it to the top one percent of the income bracket usually don’t stay there for long.
What are the Duties of a Licensed Insolvency Trustee and Why do You Need One?
A licensed insolvency trustee is a trained professional who oversees the filing bankruptcies and consumer proposals. These trustees are usually regulated by the Office of the Superintendent of Bankruptcy, which is a subsidiary branch of the federal government.
A Consumer Proposal as a Means of Curbing Bankruptcy
A consumer proposal is an agreement negotiated with your creditors in the presence of a licensed insolvency trustee serving as an alternative to bankruptcy. It is a legally binding agreement that provides a debtor with immunity from debt collectors and creditors.
What You can do to Avoid Medical Bankruptcy: Last Resorts
Did you know that the majority of people in the US are a single health issue away from considering bankruptcy as a valid option? That’s because medical bills are the biggest cause of bankruptcy in the US.
What You May Want To Consider Before Filing for Bankruptcy
Every year about one and a half million Americans file for bankruptcy. With the struggling economy, they are unable to repay their mountain of debts.
Filing Bankruptcy: Do’s And Don’ts From an Expert
As the bankruptcy lawyer, I often find myself advising clients not to do things they were planning on doing before they came in to see me. After all, that’s why they are in my office, to get advice on how to handle their debt issues.
The Emotional State of Business Bankruptcy
Bankruptcy is defined in as a state in which a person, company, or other body is incapable of paying debts. It is arguably the worst-case scenario for employees and business owners involved in the company.
Should I consider Debt Settlement?
If you’re struggling to meet your monthly loan payments or find yourself taking up more debt to pay your bills, there is a good chance that you’re already considering filing for bankruptcy.
Drowning In Debt? When Bankruptcy Can Actually Be The Best Solution
If debt has become an overwhelming source of stress in your life, bankruptcy may seem like the only option. The only way to know if bankruptcy is your best option is to sit down with a lawyer and clearly identify your financial landscape first.
4 Useful Tips on How to Avoid Bankruptcy
Bankruptcy filing is a tool used by individuals and organizations to take control of their debt. This can be done by either discharging or restructuring the debt, or making payment arrangements with creditors.
Implications of Declaring Bankruptcy to Clear Debts
Are you at a dead end with paying your debts? Are your creditors always on your neck with unending telephone calls and threatening emails?
How Credit Counseling Can Build Your Path to Financial Freedom
If you’re feeling overwhelmed by financial commitments and aren’t sure how to formulate a plan to get it under control, credit counseling can be a great way to take back the reins and get on the path to financial freedom.
Bankruptcy Blues: 5 Ways to Cope with the Emotional Stress of Bankruptcy
While there are many financial challenges that can cause an individual to experience emotional stress, bankruptcy is at the top of the list.
