Credit Unions and Bankruptcy: What You Need To Know

girl with credit card

Credit unions and traditional banks respond differently to bankruptcy filings by their members. After filing for bankruptcy, you can generally continue to do business with a conventional bank (such as opening new accounts and eventually filing for loans) but if you have debt with a credit union that is discharged under Chapter 7 or Chapter [...]

How to Pay off Credit Card Debt in 6 Steps

how to pay off credit card debt in 6 steps

If your debt is beginning to slip out of your control, you may be able to reel it back in with these 6 steps: Perhaps the most important piece of advice to remember is to pay as much as you can every month – NOT the minimum amount. As highlighted in step 3 of the above [...]

Can Your Bankruptcy Discharge Be Revoked?

woman stressed over financial issues

Upon completion of a successful bankruptcy case, you will receive a discharge stating that you are no longer responsible for the debt you owed to your creditors. In most cases, a bankruptcy discharge is permanent, but there are rare instances where the discharge can be revoked – which means that creditors may resume pursuing a debtor [...]

Credit Card vs Debit Card: Which Should You Use?

Credit cards vs Debit cards

When you make a purchase, your payment options go beyond paper or plastic. While debit cards and credit cards may look similar, their functions are quite different. Below, we will break down the differences between the two, and most importantly, when it is best to use each one. What’s the Difference Between Debit & Credit? [...]

6 Inspirational Movies To Watch If Going Through Bankruptcy

remote control

Struggling through tough financial times can make it seem like money is everything, but as these movies remind us, there are more important things in life. Here are six inspirational movies to watch if you are going through bankruptcy.  1. The Pursuit of Happyness If you need a reminder that your financial troubles are part of [...]

8 Questions To Ask A Bankruptcy Attorney At Your Consultation

post it with attorney questions

If you’re filing for bankruptcy, the right bankruptcy attorney can make all the difference. Attorneys are often willing to provide a free initial consultation to help you determine whether the services they offer are a good fit for your needs. Take advantage of these opportunities by asking the right questions. To get the most out of [...]

7 Free & Fun Things to Do in Las Vegas If You’re Broke or Going through a Bankruptcy

sleeping flamingo

If you’re trying to stay within a budget in Las Vegas, penny slot machines can leave you literally penniless. But you don’t have to hit the slots to have a fantastic time! With casinos eager to entice visitors with freebies and discounts, there are plenty of free attractions that give you more bang for your [...]

The Chapter 13 Bankruptcy Process From Start to Finish

guide to chapter 13 bankruptcy

Making the decision to file Chapter Bankruptcy can sometimes be stressful. Because additional stress is the last thing you need when you’re declaring bankruptcy, give yourself time to familiarize yourself with the process as much as possible in advance. This way, you’ll be able to plan ahead and won’t need to worry quite so much [...]

Bankruptcy Discrimination: Is it Legal?

burned matches

Filing for bankruptcy can provide you with a fresh start, but sometimes it can be difficult to know which steps to take after everything is said and done.  For example, some businesses or organizations may require you to prove that you are a responsible consumer before conducting any business with you. Here is a look [...]

5 Politicians Who Declared Bankruptcy

lincoln memorial statue

They say that politicians are out of touch with the everyday struggles of citizens, but even politicians have their fair share of financial struggles. Here are five politicians who have filed for bankruptcy. Photo courtesy of: Bobby Mikul 1. Abraham Lincoln In 1832, Honest Abe and a business partner purchased a general store, and its [...]