This is the fourth part in a series of bankruptcy myths debunked. We have already debunked the myths that everyone will know you declared bankruptcy, your credit will be ruined forever, and that you’ll lose everything you own. The final myth we will debunk is that declaring bankruptcy is an honest and accurate reflection of

This is the third part in a series of bankruptcy myths debunked. The first myth we debunked was that everyone will know when you declare bankruptcy. The second myth is that declaring bankruptcy will ruin your credit forever. The third myth we address is that when you declare bankruptcy you will lose everything you own.

This is the second part in a series of bankruptcy myths debunked. The first myth we debunked was that everyone will know when you declare bankruptcy. The second myth to be debunked is that declaring bankruptcy will ruin your credit forever. While a bankruptcy filing can be reflected on your credit history for anywhere from

This is the first part in a series that debunks myths about bankruptcy. The first myth to be debunked is that everyone will know when you declare bankruptcy. Maybe you have fears of people watching you and whispering to one another when you go to work, your place of worship, or social events. Like some

This post is the third in a series about the most common causes of personal bankruptcy. In the first post medical expenses were identified as the cause for the most bankruptcies in the United States. The second post recognized job loss and unemployment as the second most common cause of bankruptcies. In this final segment

This post is the second in a series about the most common causes of personal bankruptcy. The first post discussed medical expenses which is the number one reason for filing bankruptcy in the United States. And just like the sudden onset of illness, the second most common cause of bankruptcy is something that is out

This post is the first in a series about the most common causes of personal bankruptcy. The stereotype of a person who declares bankruptcy is generally not flattering. Often they are depicted as someone who spends without thinking, uses credit cards recklessly, and has absolutely no financial discipline. The truth be told though is most

When thrown into the depths of financial hardship you simplify your life as much as possible. You cut corners on all of your spending; you pinch your pennies as hard as possible and even cut coupons to stretch every cent. But still, the bills continue to arrive in your mailbox each day. The electricity, water,