By Jeff Field | Published April 28, 2025 | Posted in Bankruptcy | Tagged Tags: bankruptcy, chapter 7 | Leave a comment
How Are Subscription Services Like Netflix Treated in a Chapter 7 Bankruptcy?
Over the last decade or so, many of us have shifted more of our budget to subscription services, where a fee is automatically deducted from our credit card or bank account, usually on a monthly basis. This trend is probably most associated with home entertainment and music providers, such as Netflix, Hulu Amazon Prime and Read More
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Issues Related to Travel Before and During the Bankruptcy Process
There are many reasons why people love to travel even when they are dealing with financial challenges. In addition to the enjoyment of seeing new places, people might want to stay in touch with family members or assist a loved one during a medical crisis. Taking a trip can be costly though, so if you’re Read More
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Early Chapter 13 Payoffs and “100 Percent” Bankruptcies: Benefits and Risks
Millions of Americans live paycheck to paycheck, which means that a temporary setback can have longstanding negative consequences. Under the right circumstances, Chapter 13 bankruptcy can serve as a financial lifeline for people who cannot catch up with their debt obligations despite the fact that they’re earning a steady income. In this type of bankruptcy, Read More
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Does Bankruptcy Affect a Government or Military Security Clearance?
Despite serious debt problems, some people are reluctant to seek bankruptcy protection because they are concerned about how filing might affect other areas of their life. An individual whose government or military position requires some form of security clearance may worry that obtaining financial relief could threaten their status at work. It’s important to know Read More
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