Stimulus Check Payments Are Not Protected From Creditors We all anxiously await the first round of Stimulus Check payments from the government. But Congress did not protect these funds from collections by Creditors. Therefore, if a creditor (someone to whom you owe money) has the right to collect from you, they can take your CARES ACT stimulus payment from your bank account (and garnish your wages and place liens on other assets). For most creditors, the ability to take money [...]
For decades we were (incorrectly) told that butter was bad for us and, instead, we should eat artificial hydrogenated oils contained in margarine. That was until doctors, following the lead of knowledgeable nutritionists and holistic health professionals, figured out that the margarine caused heart and health problems and that butter and saturated fats are, actually, really nutritious. As one example, see this NY Times opinion piece on how the tide is turning for butter. Bankruptcy May Be Good For You--Really It [...]
Debtor's prisons were abolished in 1833 yet people still think they exist. Bankruptcy laws are designed to protect people and aid in financial recovery.
Waiting to examine bankruptcy as a solution to financial problems can be very costly.
Your bankruptcy attorney is an extension of you and you are responsible for whatever they do or don't do on your behalf.
Should you apologize for filing bankruptcy or needing to file bankruptcy? One study says perhaps.
A story describing why it is important to consult with a bankruptcy attorney before filing a bankruptcy case and provide the necessary information that attorney asks for.
Financial debt problems may seem like the end of the world, but they are not. Bankruptcy offers the ability to get a fresh start and keys to a financial recovery.
ignoring your bills can have dire consequences. Timely "treating" financial problems is not much different than treating Cancer. Early detection and treatment can make all the difference.
It is important that you do not use "sunk costs" when making future financial, or other economic decisions, related to or outside of a bankruptcy context. See why.