Hatfield Harris, PLLC
Local: 479-250-1962 or Toll Free: 800-491-4103

October 2019 Archives

Budgeting can help you during a Chapter 13 bankruptcy

When you file a Chapter 13 bankruptcy, you have to make sure that you are ready to live on a budget. The case has a major impact on your finances because you will have to pay the bankruptcy court on a set schedule. Making sure that you can make ends meet during this repayment period can be a challenge, but it isn't impossible.

Medical debt sometimes leads to bankruptcy

Getting medical care for an emergency or a chronic medical condition shouldn't mean that you have to face bankruptcy; however, this is the reality for many people because they aren't able to keep up with the payments of the care. Unfortunately, medical care in the United States is expensive. Even some people who have excellent insurance find that the co-pays, deductibles and other expenses are more than they can handle.

Protect yourself against making self-incriminating statements

Drunk driving is a danger to those on the roads, which is why it's taken so seriously. Still, it is easy to make the mistake of believing that you are less intoxicated than you are. For example, you may think that you are below the .08% limit because of having only a few drinks over the last few hours, but depending on a number of factors, you could find that you're actually exceeding that blood alcohol content (BAC).

Keeping your financial freedom after bankruptcy

There are many different methods for getting back on financial track after you file for bankruptcy. While you are in the midst of the process, you will have to live on a cash budget. Once the court discharges the case, you have to determine what type of financial lifestyle you are going to live.

Now is the time to plan for Christmas purchases

Christmas is just under three months away, so now is the time to start looking for good deals on the gifts you want to purchase. While you don't have much time, you can start saving now so that you aren't having to spend a lot on credit cards for this holiday.