1. person counting money

    Alternatives To Bankruptcy

    When your debt is out of control, it can feel like you’re drowning and that you can’t possibly escape. Bills grow larger and larger by the month and interest payments keep accumulating. If you’re caught in this bind, you may be considering bankruptcy. While filing for bankruptcy can be a great…Read More

  2. petition to file for bankruptcy

    Top 5 Reasons People Declare Bankruptcy

    The number of people filing for bankruptcy here in Maine and across the nation continues to rise, and with the current pandemic and economic insecurity, that number most likely will continue to increase. If you’re struggling with debt, know that you’re not alone — and that you have options. Ou…Read More

  3. image of a dollar bill

    Filing For Chapter 7 Bankruptcy

    When money is tight and bills are piling up, you may feel like you have no way out. Know that bankruptcy laws exist to protect you and your creditors. While it should be a last resort, filing for bankruptcy can give you the debt relief you need to get a fresh start. The majority of bankruptcy cases …Read More

  4. picture of a dollar bill

    Facing Your Fears About Bankruptcy

    No one likes to talk about bankruptcy. We all know that it’s there, that it’s scary, and that we hope that it never has to happen to us. But things happen, and bankruptcy law is created to protect you. And filing for bankruptcy doesn’t have to be scary — it can actually be one of the most li…Read More

  5. Bankruptcy 101: Different Types Of Bankruptcy

    There is a stigma against filing for bankruptcy, but know that bankruptcy laws exist to protect both you and creditors. No one should have to live with debt hanging over their head. Bankruptcy should be a last resort. It’s always a better option to reduce your debts or work out a payment plan that…Read More

  6. The Importance of Tracking Your Expenses

    Part of our Bankruptcy Tuesday series So you’ve decided to give budgeting a try. Good for you! How do you go about doing so? The easiest way to start is to download one of the many available apps, such as Mint, Pocketguard, YNAB (You Need A Budget), Mvelopes, and Goodbudget. Some of these are free…Read More

  7. Are You Living Paycheck to Paycheck?

    Part of our Bankruptcy Tuesday series We’re talking this month about budgeting. Why, you might ask, would I want to go to the trouble of making up a budget? Too many of us just pay our bills. We simply pull out a credit or debit card when we need to pay for something and never really think about w…Read More

  8. Who Needs Budget Planning Anyway?

    Part of our Bankruptcy Tuesday series Welcome to March! This month I’d like to talk about budgeting. It’s a topic that many people talk about, but few actually practice. Budgeting is important whether you’re thinking about filing bankruptcy (or trying to avoid doing so), you’re in a bankrupt…Read More