How Coronavirus Is NOT Impacting Wage Garnishment

Text Covid-19 On Wood Frame With Woman Showing Her Empty Pocket

Various federal, state, and local agencies have offered financial relief during the COVID-19 global pandemic. For example, New York announced it would cease collection of state-owned medical and student debt for 30 days.1 In California, there’s now a 90-day grace period for mortgage payments and a moratorium on initiating foreclosure sales or evictions.2 But for […]

Your Bankruptcy Roadmap to Navigate Tough Times

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Bankruptcy is an option during tough times. If you’re deep in debt due a loss of employment, emergency repairs, or a divorce, you can file for Chapter 7 bankruptcy to receive a discharge of debts, if approved by the court. With a Chapter 13 bankruptcy case, some debt may be discharged while you’ll receive help […]

How Debt Affects Mental and Physical Health

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Studies have shown debt has a negative impact on mental and physical health. The health effects of financial distress are the same whether you live in poverty or earn a high income and reside in an upscale neighborhood. And, when you fall into financial distress, your employer is unlikely to provide more than a slight […]

Can You Keep Your Car During a Bankruptcy?

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If you’re facing large amounts of debt, resolving your situation is a top priority. Keeping your car is probably at the top of the list as well, since you’ll still need to get to work, the grocery store, and to school to pick your kids up. Whether you can keep your car depends on several […]

5 Ways to Talk to Someone About Getting Help With Debt

Young Couple Worried At Home In Bad Financial Situation Stress A

People don’t often talk about their personal debt. You may be completely unaware of a close friend’s or family member’s financial situation. With all the options out there for debt help, including chapter 7 bankruptcy to eliminate debt and chapter 11 bankruptcy to protect your assets, talking about it can be beneficial. But before you […]