Search Results for "bankruptcy circumstance"

Debt and credit

Rebuilding Credit after Bankruptcy

Filing bankruptcy provides an opportunity for a fresh financial start; the psychological benefits of a debt-free existence are immense. But, it also has its downsides in that it totally kills your credit. This black mark will remain on your credit report for many years to come. While you will not […]

Debt and credit

Making a Plan to Pay Off Debt

While paying off large sums, beginning to save money, and achieving your financial objectives might seem impossible without the proper repayment plan, it is doable. Having a solid understanding of your finances and creating attainable payback goals are both attainable goals of a debt eradication plan. Even if paying off […]

Personal Tax Return Online
Taxes

Owe Taxes to the IRS? What to do When You Can’t Pay

Sometimes, an individual may owe a significant amount and value of taxes to the IRS (Internal Revenue Service). It may be due to various reasons that they cannot pay it back in the stipulated time. The taxpayer would inevitably become exceedingly concerned and disoriented in such a situation. They may […]

Debt and credit

Workable Ways to Get Out of Debt

According to American Debt Advisor, around 80% of the population is in debt. If we exclude secured debt, car and home loans, there is still around 50% of the population carrying debt, some of it in the amount of tens of thousands of dollars. And these statistics are mirrored around […]

Finance

Going Bankrupt: What Happens, Step By Step

If your debts are out of control and you're thinking about going bankrupt, you'll need to know exactly what happens and when you can expect to be debt-free. Petitioning for Bankruptcy The first step is to petition for bankruptcy at a court. In order to do this, you'll need to […]