Before filing for bankruptcy or after, many consumers are looking for advice on how to handle their personal finances. A bankruptcy can last on your credit report for several years, but it’s worth pursuing bankruptcy protection for those who feel like their debt has gotten out of control but they want to keep their property. For others, maybe you just need a little bit of help learning how to budget better. Whether it’s about rebuilding your credit, opening a new line of credit without digging deeper into debt, or getting a mortgage after bankruptcy, we want to make National Bankruptcy Forum your first stop for personal finance information. Your next step would be consulting with a qualified bankruptcy attorney or a financial advisor. Good luck!
How to get a PPP loan forgiven – a step by step guide
On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act, Public Law 116-136 (the “CARES Act,”). Under the CARES Act, Congress authorized $349 billion for the Small Business Administration’s (“SBA”) Paycheck Protection Program (the “PPP”), and is likely to soon add an additional $250 billion as funds quickly ran out…Read more
The 5 Best Credit Cards for Rebuilding Your Credit
If you have a low credit score, it probably either means you’re just starting to build your credit as a young adult, or you’ve been unable to pay bills, been sent to collections, and your score has consequently taken a dive. If you’re a young person, credit card companies are probably banging down your door…Read more
5 Personal Finance Moves to Make Before You’re 30
Life after college can be an overwhelming and emotional process. We get our first “real” jobs after spending a few years racking up student loan debt, and then it’s on to possibly looking into buying a home and starting a family. By the time we’re nearing our mid- to late-20s, we wonder: Where has all…Read more
Will the IRS Really Forgive Most of My Tax Debt?
There are plenty of commercials on TV claiming it’s easy to get tax debt forgiven by the IRS. But, you know what they say – if it sounds too good to be true, it probably is. Be careful. There are excellent tax attorneys who may be able to work a deal with the tax man….Read more
7 Ways to Tackle Holiday Debt
The holidays are over, and the bills are now rolling in. Americans incurred $1,054 of holiday debt on average in 2017 — 5% more than the previous year. It can take months or even years to pay that off on your credit cards. If you have a card with a rate of 15.9% and make…Read more
Best Personal Finance Apps
It seems today that there’s an app for everything. And that’s mostly true! For those of us with busy lives, it can be difficult to keep track of email, appointments, and even our more mundane tasks, like paying bills or managing our finances. The world of online banking, while overall accepted despite some security and…Read more