It's hard to believe, but Americans are so fed up with looming credit card debt that many admitted in a recent survey they would give up some of their favorite things for the chance to be debt free. The debt survey conducted by Mr. Cooper showed that 33 percent of...
Month: July 2018
Bankruptcy exemptions: Can I keep my family jewels?
Family jewels or family heirlooms are often not exempt from Chapter 7 bankruptcy proceedings. Even though many bankruptcy filers are surprised to find that a large bulk of their property will be exempt from liquidation, most luxury items like expensive jewelry, luxury...
4 signs it’s time to file for bankruptcy
If you're like most potential bankruptcy filers, you've held on for as long as you possibly can. You may have even given up paying for your essential needs so that you can pay the money you owe on your credit cards. When push comes to shove, however, you may have no...
Is my home exempt from Chapter 7 liquidation?
Many people suffer under a mountain of debt troubles for years -- even though they can easily qualify for Chapter 7 bankruptcy -- because they're worried that filing for Chapter 7 will result in the loss of their home. However, in numerous situations, Washington state...
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