U.S. states with the highest bankruptcy rates

If someone lives in a state with a high divorce rate, an unstable job market, low wages or a slew of natural disasters, that can all cause personal bankruptcy rates to be higher, according to Michael Bovee who has worked in debt resolution for 20 years and is the co-founder...

What is bankruptcy counseling and do I need it?

Even if you have a pretty good handle on what bankruptcy is all about, and you’re confident it’s the best path for you to take, you’ll still need to take two bankruptcy counseling courses. Every state requires you to take these courses to successfully go through personal bankruptcy. In fact,...

6 steps to rebuild your credit after bankruptcy

The way people feel after going through bankruptcy can vary widely. Many feel relieved, some frustrated, others battle-worn. It partly depends on the road they took to get there. One thing on their minds is the hit their credit score took in the bankruptcy process. Here are six ways to...