Steele Law Offices, Llc
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Bankruptcy Archives

Make a plan if you can't make your credit card payments

There are many different things to think about when you have credit card bills coming in. One of the priorities that you have likely set for each month is making at least the minimum monthly payment. Failing to make the payments is something that can have dire consequences.

Bankruptcy isn't anything to be ashamed of

Filing for bankruptcy isn't anything that you should be ashamed of. Instead, this is a way that you can improve your finances and take control of them again. There are many reasons why people need to file for bankruptcy; however, most of these don't have anything to do with using credit irresponsibly.

Know what requirements exist for a Chapter 7 bankruptcy

When you need to file for bankruptcy, one of the primary things that you have to determine is what type of bankruptcy you will file. Typically, individuals and married couples can file either Chapter 7 or Chapter 13 bankruptcy. There are some major difference between the two.

Student loan forgiveness could mean the end of financial woes

Today's graduates (and those in recent years) are getting out of school with more debt than ever before. This is due in no small part to the double-digit increases in tuition and fees for countless public and private colleges and universities across the country. The average 2016 graduate, for example, has come out of school with a diploma in one hand and about $38,000 in debt in the other.

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