On behalf of Simon Fitzgerald LLC | Oct 1, 2020 | Bankruptcy, Chapter 13
If you are thinking about filing for bankruptcy, you need to review all of your options. After all, everyone is in a unique position and what works well for one person is not always the right move for another. Many people who want to address personal debt benefit from...
On behalf of Simon Fitzgerald LLC | Oct 1, 2020 | Bankruptcy
Many individuals make the mistake of withdrawing retirement savings to settle unpaid debts instead of filing for bankruptcy. In fact, most types of retirement funds have protection under the state and federal bankruptcy laws, so you can pursue debt relief without...
On behalf of Simon Fitzgerald LLC | Aug 20, 2020 | Bankruptcy, Chapter 13
The thought of filing for bankruptcy may intimidate you, especially if you are unsure of how repayment plans typically work. However, the structure of a Chapter 13 plan is often beneficial for those looking for a new start in life unburdened by debt. Restructuring...
On behalf of Simon Fitzgerald LLC | Aug 7, 2020 | Bankruptcy
When people talk about filing for bankruptcy, most imagine financial irresponsibility as a leading cause. There is a pervasive and damaging myth that filers are bad with money, have poor spending habits, and are not willing to work for the things they want to buy,...
On behalf of Simon Fitzgerald LLC | Aug 6, 2020 | Bankruptcy
With tough economic times ahead for countless Americans, the new CARES Act allows individuals under age 59 ½ to pull money from retirement accounts without the traditional 10% early withdrawal penalty. If you are struggling to pay off credit card or medical debts,...
On behalf of Simon Fitzgerald LLC | Jul 14, 2020 | Bankruptcy
While filing for bankruptcy isn’t something that anyone wants to do, it’s not the gloom-and-doom scenario that some would lead you to believe. For most people, being overwhelmed by debt isn’t the result of a personal flaw, but rather circumstances beyond their...
On behalf of Simon Fitzgerald LLC | Jul 10, 2020 | Bankruptcy
There are a host of reasons why people take on high levels of debt, whether they are unable to pay tuition and they take out hefty student loans or they lose their job and rely on their credit card to get by (even though they cannot pay it off). However, some people...
On behalf of Simon Fitzgerald LLC | Jun 29, 2020 | Bankruptcy
For many people, bankruptcy is a fresh start when they cannot afford their debts. In recent decades, however, the number of bankruptcy filings for older adults has increased. Those aged 55 to 64 who declare bankruptcy increased by over 65% from 1991 to 2016. For...
On behalf of Simon Fitzgerald LLC | Jun 25, 2020 | Bankruptcy
In times of widespread financial crisis, mortgage companies may extend an offer to help. For homeowners like you who are in need, it may seem like a welcome relief from the crushing financial obligation. Forbearance is a practice lenders may offer homeowners to...
On behalf of Simon Fitzgerald LLC | Jun 16, 2020 | Bankruptcy
When you have debt, you have several options on what to do to get it under control. Assuming you cannot pay the debt, you may choose to go through a debt relief program. Many people think these programs are a much better option than filing bankruptcy, but Forbes...
