Archive for July 2020

Have you heard of the “financial sweatbox?” It’s the term for the period between getting into major financial trouble and choosing to file bankruptcy. Often, people try everything they can think of to avoid filing for as long as they can, thanks primarily to the stigma of filing at all. The American Bankruptcy Institute describes…

Nobody plans to file bankruptcy twice, but it’s hard to get by in today’s economy. Covid-19 hasn’t made anything any easier, and some people are once again in dire financial straits through no fault of their own.  The law does allow for multiple bankruptcies.  If you have filed for Chapter 7 bankruptcy in the past,…

The pandemic has caused Great Depression levels of financial distress, but that doesn’t mean big corporations are planning on halting their collection efforts. If anything, they seem to be trying to step them up. Now is the time to be watchful, and to be ready to protect yourself if necessary.  Aggressive Contact The only thing…