by Cardinal Law Center | Jun 14, 2022 | Baby Boomers, Bankruptcy, Debt Relife
America’s baby boomers are heavily indebted. Less than half of them, however, prioritize reducing their debt, according to information provided by Ameriprise Financial. Furthermore, more than 30% of retired baby boomers have at least one debt in addition to...
by Cardinal Law Center | Jun 13, 2022 | Bankruptcy, Divorce
Dealing with bankruptcy and divorce at the same time in one’s life can be difficult. It’s preferable not to overlap both to keep things as simple as possible. Couples in this situation are more often than not forced to file for bankruptcy before proceeding...
by Cardinal Law Center | Jun 13, 2022 | Bankruptcy, Debt Collection, FORECLOSURE
Foreclosures and bankruptcies are usually handled separately. The former refers to the process that lenders utilize to reclaim their dues in the event of default, whilst the later provides debtors with a way to pay off their debts. In some cases, declaring bankruptcy...
by Cardinal Law Center | Jun 13, 2022 | Bankruptcy
When individual debtors are involved in bankruptcy cases, pre-bankruptcy planning is critical. The goal is usually to establish a strategy and create an atmosphere that will maximize the likelihood of a successful bankruptcy. Typically, this is attempting to obtain as...
