Financial Planning for Beginners: What You Need to Know
Earlier this year, household debt balances in America rose to $12.73 trillion, the highest in our history. In fact, 73% of us die in debt. With this much debt, it’s hard for many people to reach long-term goals such as retirement savings, or shorter-term goals such as paying for a wedding. Many of us just wing…Read more
Corinthian Colleges Students Eligible for Loan Discharge
Get out of student loan debt free? If you’re a former student of Corinthian Colleges, you might. The for-profit Corinthian Colleges, which stopped operating in 2015 and displaced more than 10,000 California students, was under fire by the U.S. Department of Education after it found the schools made false claims about their post-graduation employment rates…Read more
Bankruptcy Won’t Send Marijuana Debts Up in Smoke
Last updated May 24, 2017. In one form or another, marijuana is now legal in more states than ever before, which has led to boom times for growers and dispensaries. But what happens when some of those pot dreams go bust? Unfortunately, if you grow weed in the United States and run into financial issues…Read more
Chapter 7 Bankruptcy in Colorado: What You Need to Know
Colorado is a gorgeous state. If you’re the outdoorsy type, you’ll feel right at home here among the Rocky Mountains, the desert, and river canyons. If you love a robust downtown, you’ve got Denver, which has consistently ranked as one of the top places to live in America. With the recession brought on by the…Read more
What Does Bankruptcy do to Credit Scores?
When you’re in debt and trying to decide what action to take, you may be concerned about how to protect your credit score. That’s often one of the last barriers to deciding to file for bankruptcy – what will this do to my credit? The answer may surprise you. Bankruptcy certainly does have an effect…Read more
Can I pay back family before bankruptcy?
In times of difficulty, we naturally turn to family and friends for help. The same holds when those difficulties are financial. Family and friends know you and understand your troubles; they’ll be willing to lend you a hand even when banks won’t. They trust you regardless of your credit score. If you borrow from people…Read more