Monthly Archives: May 2019
What Debts are Unaffected by Bankruptcy?
This week’s blog is another question from a listener of The Crushing Debt Podcast, and the question is, “Can you file bankruptcy on a judgment that is for domestic violence?” Generally, the answer is that the debt would not be dischargeable – meaning it would not be eliminated by the bankruptcy. However, I don’t… Read More »
Should I Consolidate My Debt or File Bankruptcy?
There are many ways to eliminate debt: (1) negotiate a plan with the creditor directly, (2) “snowball” or “avalanche” the debt, (3) take out a consolidation loan, (4) transfer debt from a higher interest rate to a lower interest rate (a personal loan, or 0% credit card, for example), or (5) bankruptcy. Which one… Read More »
