Author: Anthony DeLuca

Bankruptcy is set up to allow debtors a reprieve from bills that they are unable to pay. The financial scrutiny they face is intense— every bill, bank account, asset, possession and debt is examined thoroughly. Then, if the courts decided that an individual should be granted a discharge, they are allowed what essentially amounts to…

One of the most important things for people that have recently filed for bankruptcy to keep in mind is that taxes still need to be paid after filing for chapter 7 or 13. It can be confusing determining when and how much to pay in taxes, especially if you have to file taxes for individual…

With divorce being one of the leading causes of people filing for bankruptcy, it is important to make sure that both situations are filed appropriately and handled with extreme care. Fortunately, some steps can be taken to help you make your divorce and bankruptcy filings less expensive and more beneficial for both parties. Making the…

Student loans are one of the most difficult forms of debt to discharge through bankruptcy. In most cases, student loans remain even after a bankruptcy has been successfully filed by a debtor. Even though it is difficult to wipe out student debt, it’s important to keep in mind that it is not impossible. Who qualifies?…

Getting back into good financial shape after bankruptcy is a long and tedious process, so much so that the idea of home ownership can seem like nothing more than a dream. However, after filing for bankruptcy, there are certain steps you can take to get yourself back on track, and on the road to financial…

Filing for bankruptcy can cause even the highest of credit scores to plummet deep into the subprime lending zone. Whether you start in the high 700s or in the low 600s, a bankruptcy will most likely drop your credit rating well below 550. Being in this “subprime” lending zone means that an individual will have…

Once you have reached the point where you consider filing for a bankruptcy as your best option, you may find it difficult to see the positive aspects of the situation. You find yourself in an economic hole, and have no idea how you will claw your way out so you may once again see financial…

Declaring bankruptcy can be an extremely harrowing experience and should not be taken lightly. While dealing with the consequences of bankruptcy can be rough, it can be even tougher admitting you require the services of a bankruptcy attorney and need help finding your financial footing. Making the decision to file for bankruptcy may seem like…

Filing for bankruptcy can be a tough experience, but the promise of a clean financial slate can put to rest any worries that you may have made the wrong decision when deciding to file. It can be difficult determining where to pick up your life and spending habits after filing for bankruptcy and one of…

After filing for bankruptcy, it can be tough to begin the process of moving on with your life. If your job requires a lengthy commute, it may be difficult to find an auto loan for the vehicle you so desperately need. Fortunately, there are some things that you can do to help get the funding…

If you’ve hit an economic wall, deciding to file for bankruptcy comes with a lot of baggage. After you tackle the logistics of your case—hiring a lawyer, completing the paperwork and outlining your plan of action—you’re barraged with emotional consequences and doubts. Did I just do the right thing? How will this affect my life?…