Having the “Talk” With Your Spouse
In today’s household most couples are working. Each has their own paycheck and often they have separate checking and savings accounts, yet most of the bill paying is done by one person. When the financial responsibility for the day-to-day family expenses falls to a single person, we have found that in many cases the spouse […]
Which Comes First: Saving Money or Paying Down Debt?
Which is more important: savings or paying down debt? You just came into an extra $100. Do you put it in the bank for a rainy day, make an extra credit card payment or go out to dinner and a movie? There are people who will argue for all three options but it depends on […]
Six Tips to Help You Become Debt Free
Do you ever wonder how you will ever reach financial freedom and become debt free, even though you are currently working on paying off a substantial number of bills and credit cards? If so, you are not alone. In fact, according to a 2014 survey from NerdWallet, the average household in the United States has […]
Tips For Staying On Your Budget
A key way to manage your family finances is to make a budget and then stay on it. For some it is like saying you are going to diet and then…struggling to resist that Twinkie. If you want to stay on your budget, you have to resist the Twinkie. Resist the quick drive-thru dinner, the […]
When is it Time to File Bankruptcy?
The creditors are calling, the past due notices clutter your mail box and the financial stress has put undue pressure on your family relationships. Is it time to file bankruptcy? Before you start the proceedings, first examine the answers to a few simple questions: Does the bulk of your financial burden consist of student loans? […]
Life After Bankruptcy – What Happens After You File?
If you’re currently thinking about filing for bankruptcy, you are probably feeling apprehensive and worried about what will happen once you file. It might seem scary, but bankruptcy has given countless people the chance to rebuild their credit and their lives! You, too, may find that you will also be able to rebound and get […]
5 Ways You Can Explain Bankruptcy to Your Children
Children notice more than we may think. They take note when you grimace while getting the mail, when you turn down their special requests at the grocery store, and when the holidays look a little less festive. While they may not understand why things are changing, they will most certainly notice the changes to your stress level […]
Don’t Let Your Finances Worry You Another Day – Call Us!
Many people who are in financial trouble seek legal advice with the greatest of reluctance. In most cases, they do not see themselves as people who ever have had to file for bankruptcy. In our experience, the vast majority of people that do file experienced an unforeseen event like a major injury or sickness, or […]
Everything You’ve Ever Wanted to Know About the History of Bankruptcy in the United States
Our country has permitted individuals who have not been able to pay their debts to file for bankruptcy from our origin. At the time, the United States was a devoutly Christian nation, and historians trace the origins of our bankruptcy laws back to the year of Jubilee, found in the Old Testament. See Leviticus 25: […]
Four More Retail Stores File for Chapter 11 Bankruptcy
The world of retail is in a bit of trouble and several retailers are facing Chapter 11. As online shopping has increased over the years, foot traffic within American malls has been on a decline, and it isn’t showing signs of stopping. Many retailers are feeling the pressure of increased rent costs while online competitors […]