Becoming unemployed, or a cutback in hours, is one of the top reasons why many people file for bankruptcy. Being unemployed without a steady source of income is a tough situation for anyone. By law, you do not have to be employed to file for bankruptcy. However, if you are unemployed your job status can affect the outcome of your bankruptcy. Continue reading
The combination of a sluggish economy and rapidly skyrocketing higher education costs have left many graduates with a mountain of student loan debt. They may expect to get a very high paying job after graduation to tackle that debt, only to discover they can’t find a good job and are stuck trying to pay their debts with a low income.