Category:
Bankruptcy

Illustration of broken piggy bank with a bandage representing bankruptcy recovery.

How Long Does it Take to Recover From Bankruptcy?

By Tom Jackson | April 23, 2025

Anyone enduring, or anticipating, the financial squeeze of personal bankruptcy may rightly wonder whether there is life on the other side of this wringer. The good news is there is,…

Senior citizen couple researching bankruptcy options online

Filing for Bankruptcy as a Senior Citizen

By Phil Sheridan | February 2, 2023

When it comes to senior citizens, bankruptcy protection is the same, but different, as bankruptcy protection for Millennials. Or any other generation, for that matter. It is the same in…

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Understanding Bankruptcy

By Devin Joy | June 1, 2022

We help with debt from thousands of creditors, including these companies:   “I need a second chance!” That is bankruptcy in a nutshell. For whatever reason, your finances have gone…

Bankruptcy Debt Help

By George Morris | September 27, 2021

Understand Your Bankruptcy Options Have 10 minutes? Get your bankruptcy questions answered here. Convenience We listen to what’s going on in your life. We learn about your life goals and…

Document that reads "Chapter 7 Means Test"

Bankruptcy Means Testing

By Tom Jackson | May 11, 2020

Society used to harshly judge people who didn’t pay their bills. Robert Morris, a signer of the Declaration of Independence, spent three years in debtor’s prison in Philadelphia—and he was…

Chapter 7 Bankruptcy Man's Debt

Chapter 7 Bankruptcy

By Tom Jackson | May 6, 2020

Getting hopelessly upside-down in our financial lives can happen to the best of us. (Ask the current occupant of the White House.) But when your debts far outweigh your ability…

People get a home after bankruptcy

Getting a Mortgage After Bankruptcy

By Joey Johnston | May 5, 2020

Bankruptcy doesn’t have to put an end to your dream of owning a home – it could happen as early as a year after bankruptcy discharge. The key is to …

Rebuild Credit After Bankruptcy

Rebuilding Your Credit After Bankruptcy

By Joey Johnston | May 4, 2020

If your debts have been discharged through bankruptcy and you are employed, you should have room in your monthly budget to contribute to a savings account. Set aside three months…

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Understanding Bankruptcy

By Joey Johnston | April 30, 2020

“I need a second chance!” That is bankruptcy in a nutshell. For whatever reason, your finances have gone sour, you’re drowning in debt, you’re sure you learned your lesson, so…

Bankruptcy Education With Teacher

Online Bankruptcy Classes & Counseling

By George Morris | April 29, 2020

What Is Bankruptcy Debtor Education? In order to be discharged from Chapter 7 or Chapter 13 bankruptcy, you must complete a Pre-Discharge Debtor Education course. The purpose of this bankruptcy…

Sources:

  1. A. (2025, February 4) Bankruptcy Filings Rise 14.2 Percent. https://www.uscourts.gov/data-news/judiciary-news/2025/02/04/bankruptcy-filings-rise-14-2-percent
  2. A. (2025, March) Bankruptcy Statistics. Retrieved from https://www.abi.org/newsroom/bankruptcy-statistics
  3. A. (2005, April 20) S.256 — Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. Retrieved from https://www.congress.gov/bill/109th-congress/senate-bill/256
  4. A. (2024, December 12) How long does a bankruptcy appear on credit reports? Retrieved from https://www.consumerfinance.gov/ask-cfpb/how-long-does-a-bankruptcy-appear-on-credit-reports-en-325/
  5. Luthi, B. (2024, April 9) How Does Filing Bankruptcy Affect Your Credit? https://www.experian.com/blogs/ask-experian/how-does-filing-bankruptcy-affect-your-credit/
  6. Luthi, B. (2023, November 11) How to Rebuild Your Credit After Bankruptcy. Retrieved from https://www.experian.com/blogs/ask-experian/how-to-build-credit-after-a-bankruptcy/
  7. Akin, J. (2019, August 13) How to Recover From Bankruptcy. Retrieved from https://www.experian.com/blogs/ask-experian/how-to-recover-from-bankruptcy/
  8. de Visé, D. (2024, May 26) Credit report errors are more common than you think. Here's how to dispute one. Retrieved from https://www.usatoday.com/story/money/2024/05/26/credit-report-errors-what-to-do/73816078007/
  9. A. (2023, January 3) CFPB Issues Report on TransUnion, Experian, and Equifax. Retrieved from https://www.consumerfinance.gov/about-us/newsroom/cfpb-issues-report-on-transunion-experian-and-equifax/