From Bankruptcy to the World Series

Watching the World Series? The Rangers are another example of how bankruptcy can help. They declared bankruptcy this year, and are playing to win their very first world championship this week. The Rangers’ story illustrates how bankruptcy is a tool used to get another chance, not the end of the road. The bankruptcy laws were…

What To Do When Considering Bankruptcy

I thought I’d share a few “todo”‘s to keep in mind while you’re considering bankruptcy: 1. Keep your retirement account safe. Your retirement account can often be completely exempted from the bankruptcy. Don’t solve a problem today only to have a bigger one years from now. 2. Get your tax returns filed and keep copies.…

Free, Good Bankruptcy Sites

I thought I’d let you know about a few great websites for getting bankruptcy information. First is the website of the US Courts themselves. http://www.uscourts.gov/bankruptcycourts.html They have some really good overviews about the bankruptcy process. Another reliable site is the ABI Consumer Center, http://consumer.abiworld.org Finally, make sure you check out http://www.bankruptcylawnetwork.com . That blog is…

Can I Save Money After My Bankruptcy?

Not only can you save money, but saving money and stashing it away for a rainy day is something you should do after your bankruptcy.  Filing a bankruptcy by itself is not a solution to financial difficulty, but it can give you another chance at financial health.  Sometimes bankruptcy is inevitable because of a huge…