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  2. Rachel Cruze: 3 Reasons To Not Make Bankruptcy Your First ...

    www.aol.com/finance/rachel-cruze-3-reasons-not...

    In the U.S., debt is a serious financial issue. According to Debt.org, factoring in mortgages, the average debt in the U.S. is $101,915 per household. When debt gets out of control, it's common...

  3. Common types of bankruptcy and how to avoid filing - AOL

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    Key takeaways. There are two common types of bankruptcy: Chapter 7 and Chapter 13. Filing for bankruptcy is a time-consuming process that can take years to stop affecting your finances.

  4. Why Bankruptcies Increased in 2023 — And How Not To Let It ...

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    Bankruptcy. The mere word can evoke shame, fear and dread -- and for good reason. When you file for bankruptcy, your credit score takes a major blow, possibly dropping as much as 240 points,...

  5. Before You File for Bankruptcy, Consider These 3 Alternatives

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    The best leverage you can have is a legitimate threat of filing bankruptcy, because, with all unsecured debts, creditors get zero on the dollar. ... file Chapter 7 bankruptcy." Then you negotiate ...

  6. Thinking About Filing for Bankruptcy? It’s Worth Considering ...

    www.aol.com/finance/thinking-filing-bankruptcy...

    This is because filing for bankruptcy costs money, and if you have a smaller debt, it may not be worth the effort and fees. Most bankruptcy lawyers won’t take on your case unless you have at ...

  7. Can you save money by not hiring a bankruptcy attorney? - AOL

    www.aol.com/finance/save-money-not-hiring...

    A bankruptcy lawyer can assess your financial situation, advise you on the most suitable type of bankruptcy to file (such as Chapter 7 or Chapter 13), prepare and file all necessary paperwork ...

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