Bankruptcy

Change is constant in our lives. However, that does not always mean that these changes are positive. Unforeseen changes can disrupt your life – and many can impact your finances as well. So, what are some of these events that can increase the financial strain you face? 4 events that could result in bankruptcy Of…

Receiving the discharge letter after navigating the bankruptcy process can bring a great feeling of relief. After all, the discharge of your debts is the goal, so you can obtain a fresh start. However, even when you obtain a discharge, there are a few more steps you must take. One step that you should not…

In today’s world, it is not difficult for debt to spiral and become a major dilemma. Perhaps you can make the minimum payments on your credit card and other pressing loans, but debt can still pile up quickly and become unmanageable. Many people in this situation worry about whether they can still file bankruptcy. It…

In today’s society, your credit score can play a large role in your life. It often comes into play when you make large financial decisions, such as when you rent or buy a house, purchase a car or apply for a loan. This critical role is one reason why many people worry about maintaining and…

If you were to take a survey about credit card debt, it would be unlikely that you’d find any participant who could say they have never experienced it. Most people in New Mexico and throughout the country have had a balance unpaid on their credit cards at some time or another. You’ve probably noticed in…

If you have encountered financial challenges in 2020, you are definitely not alone in your struggle. Many New Mexico residents and others throughout the country are in the same boat. Global, national and personal economies are fluctuating systems. One or more of the three may become compromised at any time. In fact, it is not…

Times are tough, but it may be comforting to know that many others are in the same boat. As unemployment continues to skyrocket across New Mexico, you may have reasonable concerns about your family’s emotional and financial well-being. That’s especially the case if you get laid-off. However, it’s important to remain diligent during this turbulent…

Did you know that your debts have expiration dates? In many cases, if enough time passes without your making a payment, your creditor misses their chance to file a lawsuit against you for nonpayment. These “time-barred” debts may still exist, the creditors may continue to ask for payment and you may even choose to pay…