Author Archives: Bethany Lape
How Does Filing Bankruptcy After Divorce Impact My Ex-Spouse?
If you’re filing bankruptcy after divorce, there are some debts that your ex-spouse will still be responsible for and a few ways bankruptcy may uniquely impact them. Here’s what you need to...
What Is Credit Utilization and How Does It Impact My Credit?
Credit utilization is one of the most important factors in determining your credit score. For lenders, how you utilize credit can be a good indicator of how well you manage any loan they give you....
How Will My Chapter 13 Bankruptcy Impact My Child’s College Education?
If you’re filing for Chapter 13 bankruptcy and supporting your college age children, you may be worried that it will impact your kids negatively. Fortunately, following a few guidelines can help...
Tips for Prioritizing the Debts You Pay Off
Paying off debt can feel like an overwhelming process, especially when it comes to prioritizing which debts you should pay off first. If you want to prioritize debts for optimal impact, you’ll want...
What Type of Credit Score Will Help You Qualify For a Mortgage?
Preparing to purchase a home is challenging, you’ve got to find the right location and the right kind of property that will fulfill your family’s needs. But there’s another issue your need to...
How Does Bankruptcy Impact My Employment Opportunities?
Fearing that a bankruptcy will negatively impact employment opportunities is one of the main reasons some people avoid filing. However, bankruptcy doesn’t automatically mean the end of good paying...
How Does Living In A Community Property State Affect My Bankruptcy?
Living in a community property state may have a huge impact on your bankruptcy if you’re married, separated, or divorced from your spouse. There are nine community property states: Arizona,...
How to File Bankruptcy When You Have Too Much Home Equity
Most debtors considering bankruptcy have very little or no home equity. If you’re filing Chapter 7 bankruptcy and you have very little or no equity in your home, you’ll most likely be allowed...
What Are My Responsibilities When Surrendering My Home?
If you’re surrendering your home in bankruptcy, how you handle the property and all the expenses associated with the property is important. Let’s take a look at the responsibilities you have when...
What Happens If I Fail The Debtor Education Course?
If you’re filing Chapter 7 or Chapter 13 bankruptcy you’re required to complete a debtor education course (sometimes called a financial management course) before you can receive your bankruptcy...