Getting Serious About Debt Relief In the New Year

New year, new you?  The start of a new year is an opportunity to reflect on where you’ve been, and where you’d like to go. With a whole twelve months stretching out ahead of you, it’s easy to feel optimistic about achieving your biggest goals. For millions of Americans, that means taking practical steps to get a hold on their finances, and start taking action to manage their debts.  //READ MORE

2019-11-22T12:47:00-06:00 December 5th, 2019|Community|

‘Is There a Minimum Amount of Debt Needed to Qualify for Bankruptcy?’

For individuals struggling with debt, bankruptcy can be a viable way to hit refresh — allowing you to discharge certain debts or restructure others, so that you can take a moment to breathe, and then move forward on more sound financial footing.  With that being said, it’s also important to understand that while bankruptcy can be a practical path for individuals, families, wage earners, and retirees, it’s also not a “one size fits all” solution.  In //READ MORE

2019-11-22T12:31:43-06:00 December 3rd, 2019|Community|

Seniors and Bankruptcy: A Growing Trend

Though the number of consumer bankruptcies has largely been declining overall throughout the last several years, there is one demographic for whom bankruptcy is actually becoming more and more common – and it’s a trend that is alarming many economic watchdogs and consumer protection experts.  A growing body of research has indicated that the number of older Americans filing for bankruptcy has skyrocketed in recent years. Much of this reporting comes from one prominent 2018 study, //READ MORE

2019-11-19T13:27:36-06:00 November 29th, 2019|Community|

2019 Consumer Bankruptcy Trends to Keep an Eye On

Understanding consumer debt and bankruptcy trends is a key part of understanding the overall health and well-being of the U.S. economy. These important economic indicators can be a bellwether of things to come, both good and bad – while also helping observers gain a clearer perspective on where we’ve been.  So, what consumer bankruptcy trends, statistics, and stories have we been keeping an eye on? As we prepare to wind down 2019 and look ahead to //READ MORE

2019-10-28T15:33:21-05:00 November 7th, 2019|Community|

Applying for Credit After Bankruptcy: Key Things to Keep In Mind

Bankruptcy is intended to give debtors some breathing room, and the chance at a fresh start. The bankruptcy process can allow debtors to discharge certain debts and restructure other obligations, to make them less of a month-to-month burden. This way, the debtor can move forward as a productive member of the economy once again – and often, that is going to include taking on new lines of credit over time.  For debtors looking to move on //READ MORE

2019-10-21T15:42:08-05:00 October 29th, 2019|Community|