People choose to file for personal bankruptcy for many different reasons. Some people file in response to creditor harassment. Others take legal action because they want to protect specific assets. For parents with children, concern about their family might be a...
Debt Relief
People from all economic backgrounds may benefit from bankruptcy
Social attitudes about bankruptcy can be contradictory and even downright confusing in some cases. Some people associate bankruptcy with poverty or unemployment. They assume that those who file have limited resources and little or no income. Other people think of...
Is there a link between debt and depression?
Debt is part of the modern American lifestyle. Most people use credit cards regularly. Soaring medical costs and limited insurance availability leave some people struggling with massive medical bills. Job loss, divorce and a host of other unpredictable circumstances...
Protect yourself when a loved one can’t manage money
The impact of mental illness is something that every member of a Pennsylvania family may feel. When a loved one struggles with issues beyond his or her control, it is an issue that could affect everything from how your family functions in daily life to your long-term...
The impact of Amazon shopping on your finances
There are many reasons why people prefer to shop online, including competitive pricing and ease of access. Online shopping has many benefits, but the convenience can sometimes lead to overspending and other issues that may eventually cause long-term financial...
Can artificial intelligence assist with debt-related problems?
There are many complications associated with owing a significant amount of debt. If you are behind with your payments, you could experience issues that include pressure from debt collectors, threats of foreclosure, the possibility of wage garnishment and more. The...
3 things that should be included in a mortgage hardship letter
When you are unable to manage your financial obligations, you may feel as if you will never be able to escape this situation on your own. Falling behind on your payments can result in an unmanageable debt burden that you are not able to correct on your own....
How can debt counseling help?
Financial struggles are complex and overwhelming, and those facing these challenges may find that they are not able to address these matters on their own. Past-due debt and other financial struggles can lead to difficulties in virtually every area of life, and it may...
Chapter 13: Is it better for my credit score than Chapter 7?
Making the decision to seek legal assistance with your debt is a major decision that likely required significant time and consideration. Filing for bankruptcy is not a decision to take lightly as this could affect your future. While it can provide many benefits, there...
Is debt settlement a good idea?
You have probably seen the ads that promise to get you debt free in a short amount of time. If you feel crushed under the weight of your debts, this could sound like music to your ears. Debt settlement companies make big promises of relief from your debts, but they do...