Bankruptcy is often seen as a road to a fresh financial future. While discharging debts through bankruptcy does provide a fresh start, the record of that discharge will show on your credit report for some time to come. This often prompts the question, “ How long will a bankruptcy stay on my credit report? ”…
For many people, bankruptcy is the option of last resort. The reason for this, unfortunately, is because people frequently rely on a number of myths and misconceptions when considering bankruptcy as an option when facing financial problems. Because people often hesitate to even consider filing for protection from creditors through bankruptcy court, people make mistakes…
When you realize that your debts have gotten completely out of control and there is no reasonable way you can possibly pay them off, you may begin to consider bankruptcy as a solution to your financial woes. If you include a significant sum in student loan debt included within your overall debt, you may you…
If you are struggling every month to pay your bills and you seem to fall farther and farther behind, it may be time to consider bankruptcy as a long-term solution to your financial problems. Sometimes, despite working hard and being responsible with your earnings, debts can become unmanageable. People often hesitate to consider bankruptcy because of…
Once you have made the difficult decision to get your financial future on track by filing for bankruptcy protection you may feel relieved. As soon as you remember that some of your debt has been co-signed by a friend or family member, however, that relief may dissipate as you wonder what happens to a co-signer…