When it comes to debt, there are two terms that will often come up: insolvency and bankruptcy. While these two terms are related, they each have their own separate meanings. Essentially, insolvency means that a person or business has more debt than assets, whereas bankruptcy is a formal declaration that they can’t pay those debts off and […]
A shocking 37,000 Americans die in car crashes each year, and more than 2.35 million are injured or seriously disabled. These crashes are caused by just about anything and everything, but when analyzing the most common causes of car crashes, some clear patterns emerge. Read on to learn more about the top causes of car accidents and how the […]
The aftermath of a car wreck is stressful and frightening. Your car will likely sustain damage, but even worse, you and any passengers will likely suffer from injuries. If you get into a car accident caused by someone else’s negligent, reckless, or erratic behavior, never just assume that you’re fine. There are many injuries that may not […]
Every day, people die or get injured in car wrecks. While some of these wrecks truly are unavoidable, the vast majority could be avoided if the drivers stay alert, keep their attention on the road, and take the proper precautions while driving. If you don’t think that you would ever become a victim in a car […]
If you’re thinking about filing bankruptcy, you may have learned that certain debts are nondischargeable. If so, you’ve likely begun to wonder if your most pressing debts are dischargeable. This list is a guideline for what kinds of common debts are nondischargeable in bankruptcy. Keep in mind that there may be exceptions in the cases […]
Each year, around 800,000 Americans file for personal bankruptcy protection. The decision to declare bankruptcy can be a hard one, but even once you’ve made the decision, choosing between a Chapter 7 and Chapter 13 bankruptcy can be a challenge. It’s important to educate yourself on the pros, cons, and procedures of each type of bankruptcy so that you can decide […]
The U.S. Consumer Product Safety Commission (CPSC) has found that each year, millions of Americans receive injuries from faulty, defective, or downright dangerous consumer products. By analyzing data pulled from emergency rooms and hospitals around the country, the CPSC can discover what products are causing an inordinate amount of injuries and then lean on manufacturers and retailers […]
A number of factors can impact your credit score, and a good financial state does not necessarily mean a good credit score. The credit bureaus decide your score, and what you do with the credit you have available to you affects that score in a number of ways. Understanding what things have the biggest impact on […]
A good credit score can make life a lot easier. Ranging from the low 300’s to 900, a credit score allows lenders to see how responsible you have been in the past when it comes to managing your debt and paying your bills on time. The higher your score, the easier it is to obtain […]
A car wreck is a terrifying experience. You are likely shaken emotionally and mentally, or even worse, you could be seriously or severely injured. It is important at this difficult time to keep your wits about you as much as possible and remain calm. It’s also essential to document the details of the wreck as much […]
Michael Scott declared bankruptcy in The Office by simply shouting, “I declare bankruptcy,” but that’s not how it’s done in real life. If you’re filing for bankruptcy in Arlington, Texas, there’s a process you must follow. Types of Bankruptcies Individuals or married couples generally file for one of two types of bankruptcy. The decision may come down […]
When someone is considering debt consolidation, there may be more options for them than they realize. One of those options is to talk to an attorney about Chapter 13 bankruptcy to see if it is an appropriate option for their situation. Not everyone qualifies for it, and even some that do qualify may want to […]
Whether you file for Chapter 7 or Chapter 13 bankruptcy, you should have an excellent legal advocate on your side. But which type of bankruptcy should you choose, and what do you need to know before talking to an attorney? The kind of bankruptcy depends on some factors, including your level and type of debt […]
If your debts are out of control, you are likely dodging calls from creditors and generally feeling like your world is spiraling downward. A Chapter 7 bankruptcy can put you back on an even keel and help you rebuild your life. The majority of bankruptcies filed in the United States fall under Chapter 7. If […]
No one wants to live with a poor credit rating, even after the filing of a bankruptcy. A bankruptcy can remain on an individual’s credit report for up to 10 years. However, you might be surprised to find that your score can rise, even to the low 700s within two or three years after the […]
