Yes, you can file bankruptcy with irregular gig or self-employed income — the means test uses a 6-month average. And your 401(k) and IRA are protected.
Your divorce decree split your debts, but a creditor isn’t bound by it. If your ex stopped paying a joint debt, here’s how to protect your credit and fight back.
Sleep Number filed Chapter 11 and On The Border closed all 33 restaurants — on the same day. Here’s what it means for your warranty, gift cards, and smart bed.
Should you max out your credit cards before filing bankruptcy? No — and here’s the trap most sites won’t warn you about, plus how to protect your discharge.
Dreading the bankruptcy conversation with your spouse? You’re not alone. Here’s how to have the talk without it destroying your marriage — from someone who filed in 1990 and has helped thousands of couples since.
A bankruptcy judge traced every dollar through an attorney-model debt settlement firm’s own database. What she found should worry anyone enrolled in a similar program.
The bankruptcy means test looks back 6 months — not at today’s income. File right after a job loss and you may fail even though you’re now broke. Here’s the timing strategy.
28% of Americans stay in relationships they want to leave because of money. Federal Reserve and academic research reveals options — from fee waivers to strategic bankruptcy — that can reduce divorce costs from $11,300 to under $500.
Quick Answer: There is no mandatory two-year waiting period before filing bankruptcy, and delaying often worsens financial situations. This person with $80,000 in debt and depleted savings could have filed immediately when their income dropped due to disability four years ago.Question:Hi Steve, First, love that you volunteer saving animals, I actually do the same!The reason …
Quick Answer: A person with $75,000 in credit card debt earning $3,136 monthly should consider bankruptcy despite having good credit, as their expenses exceed income by $36 monthly before groceries and taxes. The previous attorney’s advice was incorrect since bankruptcy eligibility doesn’t require missed payments, and continuing to struggle only prolongs financial stress.“Dear Steve,I’m 75K …
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