The amount of debt carried by a married couple is a strong indicator of divorce. The old adage of don’t talk about religion and politics doesn’t hold a candle to married couples disdain for talking about debt according to a recent story on Reuters. Generally there...
At Bolinske Law we listen to our clients. One of the common themes that clients come in concerned with is “Why creditors won’t work with me.” With a few exceptions clients coming in for the first bankruptcy consultation have all expressed the desire to repay their...
Bankruptcy can sound scary. It’s the thing you’ve heard about people doing but never actually considered for yourself. What is it even about? How do you go about filing for it? These are all questions you ask yourself when considering bankruptcy as an option for your own...
Two of the biggest banks, Bank of America and JPMorgan Chase, have recently announced some very good news to consumers who have filed personal bankruptcy in the past. The two banks are eliminating consumer debt that are still showing on credit reports after the individuals filed...
Stigma may be one of the most powerful forces in the universe. Because of stigma, individuals will do thing and say things that are often not in their best interest. Japanese call it saving face and Americans call it honor. Whatever you call it individuals going through...
One of the questions I get frequently is will it be possible to buy a home after filing for bankruptcy. In many cases the answer is yes provided you can meet all the normal underwriting requirements for income and down payments. We receive calls almost every day...
Will student loan debt ultimately lead you to filing for personal bankruptcy? With record amounts of money being borrowed to pay the rising costs of tuition around the country, the outlook can look pretty bleak. In fact, national student debt topples credit card debt by at least...
Nearly everyone has been to the doctor. Nearly everyone who has been to the doctor also has experienced the sticker shock that comes when the bill arrives. Medical bills are some of the most confusing bills that exist. A patient can have a procedure performed by...
Bankruptcy can be a scary thing to face. It can seem like a vague and ominous word that means your world is about to crumble. In order to take control of your finances you should learn more about what it means to declare bankruptcy. Specifically, what does...