by Cardinal Law Center | Jun 15, 2022 | Bankruptcy
It’s natural to wonder which option to go next if you’ve decided to deal with your debt by filing for bankruptcy after going through credit counseling or speaking with an attorney. Individuals and small business owners are usually given two options at this...
by Cardinal Law Center | Jun 15, 2022 | Bankruptcy
If your bank account has been garnished, it means that a creditor or collection agency has been granted permission by a civil court to remove cash from your account in order to collect money for a past-due debt. Creditors take this measure only when they are unable to...
by Cardinal Law Center | Jun 14, 2022 | Bankruptcy
Chapter 7 bankruptcy, often known as liquidation bankruptcy, enables debtors to discharge various unsecured debts. If you have tried credit counseling and are still having trouble making your payments, your finances appear out of control, or you are receiving frequent...
by Cardinal Law Center | Jun 14, 2022 | Bankruptcy
Yes is the obvious response to this query. However, after a Chapter 7 bankruptcy judgement, various factors can impact your ability to obtain a mortgage. These include the kind of loan you’re looking for, how long it’s been since your Chapter 7 bankruptcy...
by Cardinal Law Center | Jun 14, 2022 | Baby Boomers, Bankruptcy, Debt Collection
Baby boomers appear to be in a unique situation. Despite having comparatively decent credit scores, they are heavily indebted. Take a thorough look at your finances as soon as possible if you find yourself in this scenario and are approaching retirement. Fortunately,...
by Cardinal Law Center | Jun 14, 2022 | Baby Boomers, Bankruptcy, Debt Collection, Debt Relife
In the past three decades, the number of baby boomers declaring bankruptcy has considerably climbed. In 1991, only 2% of senior citizens in the United States filed for bankruptcy; today, that percentage is closer to 12%. Although declaring bankruptcy might provide...
