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...
On behalf of Simon Fitzgerald LLC | Jun 15, 2020 | Bankruptcy
Making the decision to file bankruptcy of any kind is difficult, but most look back and agree that it was in the best interest of their financial future. In terms of the variety of bankruptcy filed, the majority of individuals tend to lean toward a Chapter 7...
On behalf of Simon Fitzgerald LLC | Jun 11, 2020 | Bankruptcy
Bankruptcy may be the answer to your debt problems, but in order to file, you will have to spend money. It is a typical quagmire where you do not have enough money to pay your debts but you need money to use bankruptcy to get out of debt. NerdWallet explains that you...
On behalf of Simon Fitzgerald LLC | Jun 5, 2020 | Bankruptcy
Most Americans have considerable debt. Chances are, you are one of them. There are many reasons people fall into debt. Maybe you had high medical bills and you had to draw on credit to cover them. Maybe you lost your job, or you have student loans. Maybe spending just...
On behalf of Simon Fitzgerald LLC | Jun 4, 2020 | Bankruptcy
It is a common misunderstanding that once you file for bankruptcy, your credit will always suffer. This is not necessarily true in every case. In many instances, bankruptcy is actually the best thing that could happen to your credit. NerdWallet explains that...
On behalf of Simon Fitzgerald LLC | Apr 27, 2020 | Bankruptcy
When your bills begin to spiral out of control, it may prove tremendously unnerving. Additionally, you may find that your stress mounts when creditors begin contacting you and demanding the payments you owe. Depending on circumstances, you may find some relief from...
On behalf of Simon Fitzgerald LLC | Apr 7, 2020 | Bankruptcy
The recent coronavirus outbreak has many people on edge, from business owners to workers who have lost their job. This virus has prompted many establishments to close their doors and has generated a considerable amount of financial uncertainty, from wild activity in...
