Consultations are FREE
A creditor mailing matrix (or creditor mailing list) is an alphabetical list of all the people and companies to which you owe money. Any debts you owe to a creditor that are not listed in your creditor mailing matrix will not be discharged through your bankruptcy case. In bankruptcy proceedings, a notice that you’re filing…
If you fall behind on your payments, your creditor may sell your debt to a collections agency or debt purchaser. While creditors and their debt collection agencies are allowed to take reasonable actions to collect money from you, the Fair Debt Collection Practices Act (FDCPA) grants you certain rights to protect you from harassment. The…
If you’ve ever struggled with credit card debt, you know how stressful and overwhelming the experience can be. Dealing with your original creditor can be overwhelming as is, but what do you do when your credit card debt is sold to a third party?Today, we’ll navigate everything you need to know about working with your…
Bankruptcy and financial struggle can be frustrating, but it can also provide a much needed opportunity to start fresh. Use this opportunity to reflect on personal finance in the scheme of things. The following nine songs help put things in perspective: 1. Hard Knock Life – Jay Z Jay-Z may have it all now, but…
Bankruptcy is often the best option to wipe out debt and start over financially. However, not all debt can be discharged through bankruptcy. For example, student loans are typically more difficult to discharge then credit card or mortgage debt. But what if you’ve paid off your student loans using cash advance services on your line…
Whoever said budgeting means you can’t enjoy life? Living the good life doesn’t have to come with an expensive price tag. Budgeting is about making smart financial decisions and spending where it counts. With the right tools and knowledge, anyone can learn how to save money while still living life to its fullest. Follow these…
The answer to this question is yes. It is still possible to obtain a small business loan after filing for bankruptcy. However, it won’t be easy. Your options will be limited, and your interest rates will likely be higher. Your best option is going to be with online lenders, as bank loans and loans from…
If you bank with a credit union, or looking to open a new bank account, you may wonder how a bankruptcy will affect your membership. When credit union members file for bankruptcy, can they still bank with the credit union? Do traditional banks and credit unions respond differently when members file for bankruptcy? If you’re…
Credit card debt can feel overwhelming, suffocating, and even debilitating. Large sums of credit card debt can keep you from moving forward in life and can stand in the way of milestone moments like purchasing a new car or home. If you struggle with credit card debt, it can help to know that you are…
Upon completion of a successful bankruptcy case, you will receive a discharge stating that you are no longer responsible for the debt you owed to your creditors. In most cases, a bankruptcy discharge is permanent. However, there are rare instances where the discharge can be revoked, which means that creditors may resume pursuing a debtor…
When you make a purchase, your payment options go beyond paper or plastic. While debit cards and credit cards may look similar, their functions are quite different. Below, we will break down the differences between the two, and most importantly, when it is best to use each one. What’s the Difference Between Debit & Credit?…
Struggling through tough financial times can make it seem like money is everything, but as these movies remind us, there are more important things in life. Here are six inspirational movies to watch if you are going through bankruptcy. 1. The Pursuit of Happyness If you need a reminder that your financial troubles are part of…