Is bankruptcy going to hurt your credit score?

If you are considering filing for bankruptcy,  you might be concerned about the effect it will have on your credit score. Will bankruptcy boost it or see it get worse? The answer lies somewhere in between. You need to accept it will suffer at first Filing for...

Can you liquidate a company and start again?

When facing financial challenges, business owners may consider liquidating their company. This approach involves complex legal and financial considerations. Understanding the nuances of liquidation and restarting a business can help you navigate this process. What...

Does bankruptcy actually stop foreclosure? 

You miss a mortgage payment, and you start worrying about foreclosure. You mention to one of your friends that you are concerned that you may lose your home in the future. You know that the foreclosure process takes time, so you will not immediately lose your house...

Is it too soon to file for bankruptcy again?

Bankruptcy is a process that helps people relieve their debts. After someone’s debts are successfully resolved, they can accumulate new debt obligations.  If these new debt obligations become too much, bankruptcy can be filed again. However, debtors will likely...

3 mistakes to avoid when filing for Bankruptcy

Financial hardship can strike when you least expect it. One moment your finances are in line and the next, you are dealing with a medical debt that you never saw coming.  If you find yourself grappling with personal debts that you cannot seem to pay off, you may...