Why Is Bankruptcy A Dirty Word? Dirty Words. 4-Letter Words? Bankruptcy. Why is filing for bankruptcy and starting over considered a faux pas? No one wants to file for bankruptcy. But hearing stories from just a few of the millions financially struggling shows how it can make sense. Yet, a woman who had filed bankruptcy […]
Debunking the Stigma: Embracing Bankruptcy as a Fresh Start Read Post »
Navigating Financial Challenges in Retirement Ideally, by the time you reach retirement age, you’ll have enough assets to sustain a comfortable standard of living. Unfortunately, many retirees face financial struggles due to poor insurance coverage, rising medical expenses, and inadequate living adjustments in Social Security, pensions, and retirement accounts. Assessing Financial Health: It’s crucial for
Understanding Debt Responsibility After Death There was a recent news article about a Seattle man who, after a long struggle with illness, received a medical bill totaling $1.1 million. While he is negotiating with his insurance company, the situation raises an important question: What happens when someone has overwhelming debt (medical or otherwise) and they
Consumers must do their research before signing up with a debt settlement company.
Debunking the Myths: Is Bankruptcy Bad? Bankruptcy is not inherently bad or good. It is an important protection for honest consumers who find themselves in big trouble with debt. While a small minority of filers may try to abuse the bankruptcy process to hide assets and cheat creditors, the majority use it as a necessary
Understanding Bankruptcy: A Path to Financial Relief Read Post »
How Quickly Can You File Bankruptcy After Your Consultation? If you’ve had an initial consultation with Walden Legal Solutions and are ready to move forward, the timeline for filing bankruptcy depends on a few steps that need to be completed first. Here’s what you need to know: Steps Before Filing How Quickly Can You File?
How Soon Can You File Bankruptcy After Your Consultation? Read Post »
How Mechanic’s Liens Are Handled in Bankruptcy A mechanic’s lien is a legal claim against property, such as a home or vehicle, used as collateral to secure payment for work performed or materials provided. If you’re considering bankruptcy and have a mechanic’s lien, it’s important to understand how these liens are treated in Chapter 7
Understanding Mechanic’s Liens and Bankruptcy: What You Need to Know Read Post »
Bankruptcy Guilt: Why You Need to Redirect Your Energy Many times, we see our bankruptcy clients in anguish over the thought of wiping out their debt. They feel guilty about walking away from their creditors. In some cases, the dilemma is obvious; the small-town doctor who agreed to bill you for your office visits, resulting
Accurate credit reports are essential for today’s consumers, so they can receive the best financing options available.
It is important for all consumers to understand how and what kind of debts are reported on a credit report. The information reported on your credit report will determine your credit score.
What is Your Free Credit Report Saying About You? Read Post »
April is National Financial Literacy Month! 📚💵 Taking control of your financial future starts with understanding the basics. At Walden Legal Solutions, we empower individuals and families to make informed decisions about debt management, budgeting, and financial planning. 💡 Quick Tip: Did you know that reviewing your credit report annually can help you spot errors
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