Debt Relief

The main purpose of a Chapter 13 bankruptcy is to consolidate debt and stop foreclosure or repossession. It extends payments over a longer length of time to allow a debtor to pay an amount he or she can afford monthly. Creditors may not pursue collection actions or...

Can you file bankruptcy to discharge student loan debt? This common question has a two-part answer. The answer to the direct question of whether or not a person can list a student loan lender as a creditor in a bankruptcy case is "yes." The lender can, and should, be...

As this blog has noted many times, the two most common forms of bankruptcy for individuals are Chapter 7 and Chapter 13. Sometimes news articles mention a celebrity filing for Chapter 11 bankruptcy. This is actually very rare. The vast majority of Chapter 11...

Many people in Massachusetts are doing better than they were 10 years ago, in the depths of the Great Recession, when the housing bubble collapsed and took the global economy with it. However, there are still plenty of people who are struggling with debt and need...

Many Americans who seek debt relief do so because they got into financial trouble with credit. Mortgages, credit card bills and other debts can pile up, quickly gathering interest. An unexpected setback, such as a medical emergency or loss of a job, can make these...

It's no secret that it's tough to be a small business today! With the decline in brick and mortar retail, threats of larger companies and their buying power and the change in consumer buying habits - these are all aspects of larger retail trends that can greatly...

In terms of investments, few are as rewarding or as important as home ownership. When a homeowner falls behind on their mortgage payments they are at risk of losing their homes. Sometimes modifications can be worked out between the homeowner and the mortgage company....

Owning a business can be very challenging. Managing cost of goods sold, employees, market fluctuations and competition in the market can be overwhelming. It's not unusual for a new business to take heavy losses in their early years. However, taking a loss can happen...

Running a business is not easy, as many business owners already know. Whether the business is large or small, there are challenges that every business owner will face while trying to navigate their industry to be a profitable and successful business. A business can...

Life is expensive today. Wages have been fairly stagnant since the 1980's and this has put a real strain on the average working family as they try to make ends meet. Beyond that, there are many expenses in the average family's life that need to be addressed, things...