Latest Posts
Home > Tag Archives: bankruptcy

Tag Archives: bankruptcy

Removing an Outdated Bankruptcy from a Credit Report: Jorge’s Story

Screen Shot 2015-07-16 at 1.12.21 PM

Jul 16 2015 By Ashley Gordon Have you ever found an error on your credit report? These errors can negatively affect loan applications, how much you can borrow, hiring decisions and more. In Jorge’s case, he had lost an apartment because of a bankruptcy, which can stay on credit reports for up to ten years. Ten years had passed since ... Read More »

    The Moral Hypocrisy of Avoiding Bankruptcy. It’s Good Enough for Your Church.

    the truth smaller

    Having lived through bankruptcy myself I find it very interesting to observe the camps of bankruptcy lovers and haters. Admittedly I was once in the avoid bankruptcy camp because I just wasn’t well prepared for the experience and didn’t have the right frame of mind. But recent news of the Catholic church filing bankruptcy yet again to deal with claims ... Read More »

      Shouldn’t Key Bank Have Backed Off During My Bankruptcy?

      crime scene

      “Dear Steve, I graduated college in August 2010 and filed Chapter 13 bankruptcy in September of 2010 to get rid of some credit card debt I had. Under the bankruptcy I was told by my lawyer that my student loans would go into the automatic stay and be protected there until the discharge of my other debts was granted. This ... Read More »

        My Boyfriend is Scared of the IRS. – Journey

        IRS

        “Dear Steve, My boyfriend has the IRS after him from a 2009 audit that went into noncollectable status in 2010. Recently, we have had a knock on the door and a note left from the IRS with impending doom. My girlfriend said that adding a second person on the bank accounts will prevent any bank swipes from the government because ... Read More »

          When Bankruptcy Feels “Wrong”

          Mature woman confused

          By Paula Langguth Ryan When it comes to your debts, are you stressing yourself out financially or creating financial hardship for yourself or a loved one? Has anyone suggested you consider bankruptcy? Do you get queasy even considering the idea? I want you to pay attention to where any feelings of “it just feels wrong inside” to not pay your ... Read More »

            Bankruptcy is the Best Thing That Ever Happened to Me

            bankruptcy congratulations

            During my first job interview after my bankruptcy, the interviewer asked me what I was “most proud of in my life.” Without hesitating, I stated “declaring bankruptcy!” His quizzical look invited me to explain. And I’ll share what I told him, in just a minute. First though, here’s a Pop Quiz for you: Was going bankrupt the worst thing or ... Read More »

              I’m Disabled, Filed Bankruptcy, But Still Owe on Student Loans

              gears

              “Dear Steve, I was hit by a drunk driver, suffering several acute compression fractures in my neck and back, ribs, discs, etc…and was wheel chair bound. Fortunately, I recovered well, and am more functional than any of treating physicians expected. I was attending the University of Davis, California at the time ( 1991 ) when accident happened. When I was ... Read More »

                I Died Last Year. Should I Go Bankrupt? – Gary

                Wrecked and Abandoned

                “Dear Steve, I am broke had a heart attack last year and died for 4 to 6 minutes. I borrowed 55,000 from the bank for a business which is not about anymore. My wife did not sign on the loan at the bank either. She has a business now and helps me live by giving me a 50.00 per week ... Read More »

                  Disappointing Debt Relief Mailer Leads to Debt Defense Services

                  debt_settlement_scam_envelope

                  A new debt relief mailer, which you will see below, poses as an official document but in fact leads to a potential sale for Debt Defense Services according to the tipster (send in your tips here). What do you think, is the mailer deceptive or perfectly fine from your point of view? Add your comment below. An amazing reader CLK ... Read More »

                    Everything You Always Wanted and Needed to Know About Bankruptcy

                    future

                    Below is my growing list of bankruptcy resources and links. If there is something that’s not addressed in one of those articles, guides, then feel free to ask me your question. Bankruptcy Articles and Posts You Must Read Click Here to Find a Bankruptcy Attorney in Your Area To get ready to read the information below with the right frame ... Read More »

                      I Suggest Bankruptcy Too Often, So Say Some

                      process

                      I really do read all the comments, all the Twitter messages you send me and appreciate the feedback. Over time a common statement I get is about my recommendations is that people think I suggest bankruptcy too often. For more information on this topic, please see all the links in my free guide about how to deal with debt. So ... Read More »

                        In Our Divorce My Ex-Husband Was to Pay Half of My Credit Card Bills But He’s Filing for Bankruptcy. – Becky

                        qa7

                        “Dear Steve, Credit cards that are in my name only. My ex husband was ordered to pay half of my credit card bills… they are all in my name only… he did not pay so I took him back to court and they held him contempt and ordered him to pay a certainty amount each month until they are paid. ... Read More »

                          Bankruptcy Filings Decline in 2012

                          Screen Shot 2013-02-04 at 11.04.38 AM

                          Bankruptcy filings in the federal courts fell 13 percent in calendar year 2012, according to data released today by the Administrative Office of the U.S. Courts. The number of bankruptcies filed in the 12-month period ending December 31, 2012, totaled 1,221,091, down from the 1,410,653 bankruptcies filed in CY 2011. Statistics released today include business and non-business filings for the ... Read More »

                            I Might Get a Cash Settlement in the Future. Can I File Bankruptcy Now? – Jami

                            Bankruptcy Road Sign

                            “Dear Steve, My husband and I are currently in a fair amount of debt, living paycheck to paycheck. Sometimes having to use our credit cards to buy groceries or pay for gas 2 days after payday. I am looking for ways to get out of it, possibly by filing bankruptcy, but I am going to be receiving a small settlement ... Read More »

                              Should I Get Divorced Before Bankruptcy or Wait? – Denise

                              qa5

                              “Dear Steve, I am about $40,000 in debt including a car loan 3 judgements and small bills such as cable, phone and some medical bills I am extremely concerned about the three judgements against me (one for $5000 and two for $3000)…Cancer/spousal abandonment, being a victim of the landlord not paying the mortgage with my rent and a former friend ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                It is the smart thing to do.

                                I promise to keep your email safe and secure.

                                Close

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

                                You can unsubscribe at any time with just one click.

                                After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


                                • It will keep you posted on the latest scams.
                                • You will be alerted to the latest articles.
                                • You will wind up smarter than everyone else dealing with debt.