Business Bankruptcy 2020 was a tumultuous year and many of the financial challenges caused by the pandemic are expected to carry over into 2021. The retail sector was one of the most heavily impacted by lockdown measures and many are expected to file business bankruptcy in the upcoming year. While some retailers like Amazon, Walmart, […]
Unemployment Benefits Were you one of the millions of people who ended up out of a job and using unemployment benefits because of the COVID-19 pandemic in 2020? It’s comforting to know you weren’t alone, but that does very little when it comes to paying your bills or making ends meet in general. Here’s what […]
Bankruptcy Laws The COVID-19 pandemic brought a lot of changes throughout 2020 and many are expected to continue into 2021 and beyond. Although there were no significant changes to the bankruptcy process throughout the year, some financial experts see changes in bankruptcy law on the horizon. And they believe that’s a good thing. Many people […]
Student Loan Debt Are you one of the millions of Americans who struggle to make ends meet every month due in part to massive student loan debt? Help could be on the way. Many federal student loan borrowers were allowed to pause their payments in 2020 due to the COVID-19 pandemic. Experts expect the pause […]
Business Bankruptcy Trends It should come as no surprise to anyone following the economic impacts of the COVID-19 pandemic that many businesses do not expect to make it through the end of 2021. Business bankruptcy trends will likely include a lot of companies filing in the upcoming year. Many struggling businesses already and had filed […]
What are the Signs You Might Need to File for Bankruptcy? Not everyone who struggles financially has to file for bankruptcy. How do you know filing is the best option for you? If you’re struggling to pay your bills on time each month or you’re only able to pay the minimum on each, it’s a […]
Filing for Bankruptcy Multiple Times As hard as it might be for someone who has never considered filing to believe, some people need to file for bankruptcy multiple times. Life is unpredictable and a lot of that unpredictability affects income. Even those who are diligent about careful spending and saving could face unexpected circumstances and […]
How to Remain Eligible for Financial Aid Many parents want to help their children pay for college. But how do you remain eligible for financial aid if you’re struggling financially and considering bankruptcy? For some, helping their child means years of saving in preparation for when tuition bills come due. For others, it means applying […]
Bankruptcy for Seniors Facing bankruptcy at any age is tough, but bankruptcy for seniors is especially difficult. When you’re relying on a fixed income and lack the ability and/or desire to return to the workforce, debt is challenging. This is especially true if something unexpected happens, such as a medical emergency or other significant life […]
COVID-19 News and What’s Ahead for the New Year The latest COVID-19 news predicts that there will be a rash of bankruptcy filings in the coming months. Financial experts see many problems on the horizon as benefits and restrictions expire and no end in sight regarding the virus. There’s reason to be hopeful, but much […]
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