Filing for bankruptcy does not mean that you will never be able to access credit again. It also does not mean that, after discharging your old credit card debts in bankruptcy court, you can immediately open up a new account with the same credit limit and start making purchases like you used to do in…

If you follow the procedures correctly and answer all of the court’s questions truthfully, your chances of discharging your eligible debts in a Chapter 7 bankruptcy filing are high. Depending on your overall financial situation, it might even be able to discharge your eligible debts without liquidating any of your assets. Filing for Chapter 7…

Plenty of celebrities have spoken in interviews about the moment in which they first realized that they were wealthy, but Pete Townshend of the band The Who had an inkling that the world operates differently for wealthy people when he was still a struggling student. It was 1966, and Townshend had recently met Kit Lambert,…

Being in debt fills your mind with worries, but the consequences of falling behind on your death are more like death by a thousand cuts than a single, dramatic catastrophe. Disasters like getting evicted from your apartment or losing your house or car because you defaulted on the mortgage or auto loan take months before…

Even though you put a large portion of your income toward debt repayment each month, your debt balances keep getting bigger. Every time you pay off a BNPL purchase, three others appear in its place because you have no other way to pay for necessary items. Is it really worthwhile to pay the minimum payment…

It is easy to remember this during the mild, sunny winters and less easy to keep it in mind during the droughts and wildfires of summer, but we have it better here in California than people do in most other states, and not just because In-N-Out Burger is never far away. California’s minimum wage is…

What will you do when, after what seems like forever, your divorce becomes final? Will you burn your wedding photos? Will you go on Facebook and message your former in-laws to tell them how you really feel about them, or better yet, message the one that got away? Will you reinvent yourself with a new…

Everywhere you look, journalists and YouTubers are enumerating the financial woes facing the majority of American consumers, but for the most part, they are just stating the obvious. Today, a meal at Taco Bell costs what you used to pay at a sit-down restaurant when you were trying to make a good impression on a…

No matter who you are or how you end up with debts you cannot repay, you have the right to file for bankruptcy protection. If you are truthful in your bankruptcy filing and follow the legal formalities, the bankruptcy court will discharge your eligible debts, whether they arise from medical bills and loss of income…

Filing for bankruptcy comes with a fair share of complexities. For many individuals, filing for bankruptcy means a chance to start over, relieve themselves of burdensome debt, and regain financial control. However, getting a discharge of your debt may not be as easy as you think. When filing for bankruptcy, there is a chance that…