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Filing for Bankruptcy in 2024: What You Need to Know

When thinking of filing for bankruptcy, understanding the bankruptcy process and the available options can be challenging. This article provides general information, not legal advice, to simplify things for you.  What Is Bankruptcy? “What is bankruptcy?” This is a common question when facing financial challenges. Life happens, and factors such

Can I Inherit Debt?

Inheritances and debts are separate legal concepts, and whether or not you inherit debt depends on various factors, including the laws in your jurisdiction and the specific circumstances of the situation. Here are some key points to consider: Estate’s Assets and Liabilities: When a person passes away, their estate includes

How Corporate Bankruptcy Works

By Lindsay Simon | The Conversation More than 20,000 companies file for bankruptcy every year. Although companies follow many different paths to bankruptcy, each one encounters a process that is carefully designed to balance the rights of debtors and creditors. As I’ve learned from studying and practicing bankruptcy law, the system is

Five Tips to Improve Your Financial Security

Even though you might be aware of how to budget your monthly expenses and avoid debt, there’s more to financial security than that. Right off the bat, you can start by establishing the difference between financial security and financial stability. Having financial stability means that you can pay off your

CONSUMER ALERT: As the Pause on Federal Student Loans Ends, the New York Department of State’s Division of Consumer Protection Offers Tips for Borrowers to Avoid Scams

Student Loan Borrowers are Reminded to Only Use Trusted Government Websites and Not Respond to Unsolicited Offers of Student Loan Relief or Assistance Secretary Rodriguez: “To protect yourself from falling victim to a scam, I urge all New Yorkers to read our tips, stay up-to-date with trusted information and remain

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