Posts Tagged 'bankruptcy advice'

Does Bankruptcy Help You Live Longer?

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Can bankruptcy can play a role in stemming the tide of rising inequality? Economists think maybe it can. 

fix credit report after bankruptcyA whitepaper released by the National Bureau of Economic Research found that the bankruptcy code is an incredibly effective social insurance policy.  According to their findings, getting approved for Chapter 13 bankruptcy protection “increases annual earnings by $5,562, decreases five-year mortality by 1.2 percentage points, and decreases five-year foreclosure rates by ...

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The Real Costs of Delaying Bankruptcy

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Cash strapped debtors often delay getting bankruptcy advice from an attorney because they think they can’t afford a lawyer. Speaking from decades of experience working with struggling debtors, I can tell you that you can not afford to wait. Why drain thousands of dollars from your savings and/or retirement accounts just to postpone the inevitable? It doesn’t make a lot of financial sense; yet, panic or lack of adequate information about sound choices motivates people ...

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