After filing bankruptcy, many people ask me why they still receive statements from creditors. Many times those people call me in panic mode as they thought the creditors would leave them alone once the bankruptcy process began.
There are many important things to consider when filing bankruptcy, and whatever decision you make, you’ll have to live with both positive and negative consequences. How is Corporate Bankruptcy different than personal bankruptcy?
While most of our potential clients ask about what happens when they file bankruptcy, and what they need to do when they’re filing, many don't ask what NOT to do. The things you shouldn’t do before filing are just as important as what comes afterwards.
It’s unfortunate, but many people who pass away leave behind a mountain of debt. I know that this can be concerning to family members left behind as they aren’t sure if they will have to inherit the debt of their deceased family member.
Consolidation loans are a great way to manage your debt. The problem is, they are hard to get approval for. If you qualify for a consolidation loan, it will allow you to: