Month: July 2016

Fiallo Law > 2016 > July

5 Myths You Didn’t Know About Chapter 7 Bankruptcy

Myth 1: You’ll lose everything you own Many people believe filing for bankruptcy means losing your house, car and any other assets you may have. In fact, you’re generally likely to keep a lot if not all of your possessions. The majority of Chapter 7 cases are no-asset cases, meaning the debtor gives up no possessions. […]

10-ways-to-get-out-of-credit-card-debt

10 Ways to get Out of Credit Card Debt

$733,000,000,000. That’s a lot of zeros! But $733 billion is what American’s owe to credit card companies. Today, the average U.S. household is carrying approximately $15,762.00 in credit card debt. The reason is the that household income has grown by only 26%, but the cost of living has gone up by 29% — With medical […]

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