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December 2017 Archives

How to get through bankruptcy without losing your car

When a person decides to file for individual bankruptcy, he or she will have very personal preferences when it comes to what sacrifices he or she is willing to make in order to get a fresh start from his or her debts. For many people, the line is drawn at the selling of their car. A person's car can be invaluable to his or her independence as well as his or her ability to get to work and earn an income.

Getting a new financial start with Chapter 13 bankruptcy

Does it feel as though the weight of your debts is crushing you? If so, you probably wonder if bankruptcy is the right decision. While it's not the right decision for everyone, many people have found financial freedom from filing for bankruptcy.

Farm diversification is a great supplement to bankruptcy

Many farms have been struggling with profitability for years. The U.S. Department of Agriculture's (USDA) predictions of profit have been overly optimistic to say the least. When the price is falling on key farming staples such as milk and hogs, farms often have no choice but to look at their bankruptcy options so that they have some relief from their debt.

When should businesses file for Chapter 11 bankruptcy?

There are many instances when businesses become in dire need of a fresh financial start. Debts can become a vicious cycle of repayments and inability to meet those repayments, ultimately incurring further costs.

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