Are Bankruptcies On The Rise?

Are Bankruptcies On The Rise?

Over the past few years, most Americans have faced financial struggles. In many ways, these have intensified even in the last few months. According to several sources, bankruptcies did increase in 2022. In a recent article, we discussed how common bankruptcy is and...
How Common Is Bankruptcy?

How Common Is Bankruptcy?

In today’s economic climate, financial concerns are quickly growing with the rise of gas prices, grocery costs, and the ever-impending doom of the housing market. It’s no secret that many are struggling to stay afloat and balance the rising cost of living...
How To Build (Or Rebuild) Credit

How To Build (Or Rebuild) Credit

Whether you want to build your credit from scratch or fix it after some mistakes, you can take steps to meet your goals. Understanding your credit can help open doors to financial success, the ability to purchase cars and homes, and so much more. But knowing how to...
Should You File for Bankruptcy?

Should You File for Bankruptcy?

Do you face a mountain of debt? Is it becoming more and more difficult to stay on top of your payments? Have other life circumstances affected your ability to pay bills? If so, you may have considered bankruptcy. But how do you know if that’s the right choice for you?...
How To Prepare for a Recession

How To Prepare for a Recession

Though we are not currently in a recession, fears about an impending economic downturn have many Americans reassessing their finances and budget. As financial stress and gas prices rise, there are a few things you can do to prepare your finances and be ready for any...
What Is Credit Counseling?

What Is Credit Counseling?

If you want to file for bankruptcy, you will be expected to provide a credit counseling certificate at some point during the process. This is because, to finalize bankruptcy, the courts need to determine that you can demonstrate how to rebuild your credit. The process...