Bankruptcy and Taxes

Bankruptcy and Taxes

The anticipation of the holiday season is often followed by the dread of tax season. If you plan to file bankruptcy, whether Chapter 7 or Chapter 13, the timing of your filing could have a drastic impact on how much of your income tax return you get to keep and how...
Budgeting For The Holiday

Budgeting For The Holiday

Spending the holidays in is supposed to be fun. However, the holidays are a stressful time because many people are worried about money. There are ways that you can enjoy the holidays without breaking your budget by spending some time budgeting for the holiday you can...
How Many People File for Bankruptcy?

How Many People File for Bankruptcy?

How Many People File for Bankruptcy? According to statistics provided by the U.S. Bankruptcy Courts, almost 800,000 people filed for bankruptcy during 2016. Which Type of Bankruptcy is Most Popular? Chapter 7 bankruptcy filings make up the vast majority of all...
How Will Bankruptcy Affect My Family?

How Will Bankruptcy Affect My Family?

Declaring bankruptcy is a decision that affects not only yourself but also your family —  in positive and negative ways. While bankruptcy can lead to increased financial stability, there are unforeseen issues that can affect other family members in a negative way. If...

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