If you are currently going through a financial crisis, saving money is probably at the forefront of your mind. After all, we all know that every little bit helps, especially when you are attempting to work your way out of a tough financial situation.
Perhaps you've found yourself in a difficult financial situation caused by high medical bills and loss of income, or a recent divorce. Your debts are piling up, and there's simply not enough money to pay your creditors what you owe them. If you have come to the conclusion that your only option is filing for bankruptcy to eliminate your debts, be very careful. There are some detrimental financial moves that can hurt your bankruptcy case. It's important that you avoid these mistakes so that your bankruptcy filing is a smoother process, rather than one fraught with challenges from your creditors, or the bankruptcy trustee.
Once you've made a decision to file bankruptcy the next thing you'll need to do is find a bankruptcy attorney. Chances are, like most people, you've decided to file bankruptcy because you cannot meet your debts.
You may think one smart way of saving money is to avoid hiring a bankruptcy attorney, after all, it's just a bunch of forms to fill out and present to the court, right? No, you're wrong and you could be jeopardizing your financial future if you opt to file on your own – which is known as "pro se".
The new year is here and if you haven't already, it's time to set your financial goals for 2017!
Maybe you are hoping to pay off all of your debt, or perhaps you'd like to start a savings account for a particular purpose. Whatever it is you've been considering doing with your money, now is the time to resolve to do it and take steps towards getting it done.
Even if you are all for setting new goals and working toward becoming more financially secure, you may be wondering how to get started on your 2017 financial journey. After all, money is often a big and intimidating topic that you may try to avoid.
Well, that's a wrap. 2016 is coming to a close, and 2017 is just around the corner.
While we are all excited about the prospect of a fresh start, and while setting new goals for the new year is a great thing to do, it is important that we don't forget about all of the amazing—and perhaps, not so amazing—things that we learned and did this year.
To help recap the year 2016, and maybe even refresh your memory of some of the lessons you may have learned, we will use this article to give you a list of our top 7 blog posts of the year.
If you have an extreme case of wanderlust, you may be ready to jump on an airplane and fly away right now. Unfortunately, we all have bills to pay, and traveling whenever we feel like it isn't always feasible financially. This is especially true for those who may be considering bankruptcy.
That said, with a bit of planning and saving, almost anyone can afford to hit the road if given the time to prepare.
The winter holidays are coming up quickly, and it's time to begin preparations. If you are in a tough spot financially, and especially if you are near the brink of bankruptcy, spending tons of money on holiday shopping is the last thing you want to do.
Spending too much has the potential to quickly and easily push your budget over the edge. For this reason, it is important to plan your holiday spending very carefully and keep it simple this year.
People file for bankruptcy for many different reasons. Those reasons are often more complex than just being unable to make ends meet. Usually, there is another life event that is putting stress on household finances.
Many times, financial trouble and the need for bankruptcy relief are brought on by a failing marital relationship. Or, it may be the other way around – financial issues may have led to the breakdown of the relationship.