The common stereotype about bankruptcy is that it happens because of reckless spending. Someone buys things that they do not need and cannot afford, and eventually they can’t pay what they owe. They use bankruptcy to get out of a bind. But is this stereotype true?...
Losing your job, even when it is no fault of your own -- such as when the company has to downsize due to a recession -- can raise a lot of important questions. Do you qualify for unemployment benefits? Are you going to face bankruptcy if you don’t get another job...
As the executor of someone's will, it is not your job to give opinions on the rights or wrongs of the deceased’s wishes or try to correct things you see as unfair. Your role is to merely carry out the wishes laid out in their will. What do you do, however, if someone...
You’ve tried everything to steady your finances and avoid bankruptcy, but have come to the conclusion that this is the best way to secure a better financial future. Should you learn that you don’t qualify for Chapter 7 bankruptcy, it’s time to turn your attention to...
