Chapter 11 Bankruptcy: 3 Things You Can Learn From The Donald

29 September 2015
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When it comes to bankruptcy, a lot can be learned by looking at Donald Trump. The Don has filed for bankruptcy four times in the past 25 years. You might think that's impossible, given the strict bankruptcy laws, but you'd be wrong – at least when it comes to the manner in which Donald Trump files bankruptcy. Here are three reasons Donald Trump has survived bankruptcy so well. Not a Personal BK in the Bunch Read More

Chapter 7 And Five Kinds Of Debt That Cannot Be Discharged

25 August 2015
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If you are considering filing for chapter 7 bankruptcy in the hopes of making a fresh start, your decision should take into consideration that not every type of debt can be forgiven with your filing. While nearly all debts may be forgiven, or discharged, with your chapter 7 bankruptcy filing, some of the exceptions below can constitute a major proportion of your debt. Because of this, it's important to have an accurate picture of how much debt will remain after your bankruptcy before making this life-changing decision. Read More

Can Relatives Be Forced To Pay Your Debts?

30 June 2015
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In general, people are responsible for paying their own debts. The only time an individual could be called to the carpet to pay for debt someone else incurred is if that individual agreed to cosign for it or the debt was jointly owned. However, a peculiar case in Pennsylvania has uncovered an obscure law that allows creditors to go after family members for unpaid debts. Here's more info about this scandal and what you can do to protect your loved ones. Read More

What To Know About Purchasing Time Shares

24 June 2015
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In the quest for a vacation property, you may have come across real estate listings for timeshare properties. The prices on these types of properties can be very enticing to those in need of a getaway. While timeshares can be great idea, they are not for everyone, and knowing what you are getting yourself into is vital. Read on for more information about timeshares to see if they could be your vacation home solution. Read More

A Few Tips For Surviving Chapter 13 Bankruptcy

26 May 2015
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Filing for bankruptcy is a dark time in anyone's life, especially in the case of filing for Chapter 13 bankruptcy. Chapter 13 is a process that takes three to five years to get through, and during that time you'll be forced to seriously reconsider how you handle your finances. That being said, there are some things you should know that can help you manage the proceedings as easily as possible, such as the following tips: Read More

Dealing with Filing Bankruptcy

About Me

Hi! My name is Shirley Wilson. My husband and I are in our early fifties. We have raised two children and were hoping to retire in a few years. However, it does not take much for life to take a quick turn. About five years ago my husband was laid off from his job. A few months later, my place of business had budget cuts and my hours were cut. We found ourselves dipping into our retirement funds on a monthly basis, our savings accounts didn’t last long, and before we knew it our credit card balances were through the roof. Every day we clung to the hope that my husband would find work and my hours would increase, but nothing changed. We held out as long as possible, but finally decided it was time to file bankruptcy. I’m going to share our bankruptcy story with you.