Bankruptcy’s Effect on Credit Many individuals are reluctant to file for bankruptcy for fear of how it will damage their credit, but the damage is not permanent and fixable over time. Bankruptcy can stay on credit reports up to 10 years, taking a significant hit to credit scores. Credit scores may decrease approximately 160 – […]
Eliminate Student Debt in Bankruptcy
Eliminate Student Debt in Bankruptcy Are you facing student debt in bankruptcy? If you are, there is no need to stress about it because you may be eligible to discharge your student debt. In order to discharge your student debt, you must be able to show proof that to repay your debt would […]
Erase Past Due Income Taxes in Bankruptcy
Erase Past Due Income Taxes in Bankruptcy Do you have past due income taxes that you want discharged in your bankruptcy case? We at Shaw Defense can assure you that yes, it can be done. There are three rules that all must be met in order to discharge local, state, and federal taxes in a […]
What to Do If Credit Collectors Call After You’ve Filed Bankruptcy
What to Do If Credit Collectors Call After You’ve Filed Bankruptcy How the Fair Debt Collection Practices Act Protects You and Restricts Debt Collectors Americans who have fallen into a financial crisis as result of unemployment and other unforeseen circumstances can expect a call from a debt collector if they fall behind on their commitments. […]
How to Stay Away from Holiday Debt
How to Stay Away from Holiday Debt The holidays are just around the corner and you need your wallet to be prepared. The holiday season can be draining not only because you have to put up so many decorations, cook tons of food, and spend time with family and friends, but also because you have […]
Five Warning Signs You’re Living Beyond Your Means
Five Warning Signs You’re Living Beyond Your Means Knowing your limits can be tricky, but knowing your financial limits can prove even more difficult. From avoiding set budgets to less than frugal spending on frivolous items, the possibility that you are living beyond your means could be more likely than you think. Here are a […]
How to avoid filing for bankruptcy and spare your credit
According to finance guru Dave Ramsey, bankruptcy is considered among the top five life altering events in an individual’s life. As much as one might hate it, they may find themselves in a situation where the only solution is to file for bankruptcy. However, by following certain steps, one can avoid having to file for […]
Holiday Travel Budget Tips and Tricks
Holiday Travel Budget Tips and Tricks Planning to Travel for the Holidays? Everyone knows the holidays can be tricky times to travel and expensive as well. Particularly in the winter, around Thanksgiving and Christmas, domestic and international travel can skyrocket. Approximately 37% of the United Kingdom’s inbound flights occurred around that time of year in […]
How Does Chapter 13 Bankruptcy Differ from Chapter 7?
How Does Chapter 13 Bankruptcy Differ from Chapter 7? When the founding fathers wrote the US constitution, they did so to help the citizens of their young nation thrive and flourish—both at present and for future generations. It is with this spirit that a bankruptcy clause was written into the constitution, enabling those who struck […]