Bankruptcy is a tool that helps solve serious debt problems. It’s designed for those who are drowning in excessive debt. If you have never been in this position, it may be difficult to see the true benefits that follow a bankruptcy discharge. If you have experienced the pains of living beneath a heavy debt load,…
Why Would Someone Avoid Bankruptcy? There may be legitimate reasons to avoid bankruptcy. If you can handle your debt without filing, then bankruptcy is really not needed. However, for those who have excessive debt, bankruptcy may be the only solution. It is recommended to speak to a bankruptcy lawyer to find out if bankruptcy can…
Can The IRS Garnish My Wages? The simple answer, is “yes.” If you owe money to the IRS, they can garnish wages and levy or seize your property. The IRS can even charge interest and fees on the collection of unpaid debt such as back taxes. Many people will procrastinate preparing taxes because they fear…
Hearing advertisements on the radio or seeing TV commercials that make big promises for your financial situation can be seductive. Google, “financial help,” and instantly be pulled into an advertising vortex of confusing messages, big promises and sometimes false claims. When dealing with a financial crisis, the last thing anyone wants or needs… is more…
