When facing a debt(s) that has spiraled out of control, filing for bankruptcy may be the only option. Bankruptcy has become a shameful word. At Cibik & Cataldo, we feel it shouldn’t be; it’s just a financial solution. We are not saying it should be abused, but it makes life a lot easier, and…

Let’s be honest. No one wants to declare bankruptcy of any kind, whether it’s a Chapter 7 or 13. We try to control our finances, but life happens. When the only solution is bankruptcy, it’s important that you understand bankruptcy, including how it affects your credit report. In the past 20 years, filing for bankruptcy…

  At the Equifax credit reporting agency, a data breach has left many Americans feeling insecure and vulnerable. If you are wondering what the breach was about then you would be shocked to know that millions of Americans had their sensitive information like their social security numbers, date of birth, credit card numbers and in…

  If You File for Bankruptcy Can You Pay Off Debt with Your Tax Refund   A sudden income or monetary gain from any source is always a matter of relief for the receiver. However, if a person has been going through considerable financial crisis leading him/her to be in subsequent debt, this gain can…

  Many people consider filing for bankruptcy if they struggle with debt and have financial difficulties. While bankruptcy may help you gain financial freedom, it is not a permanent solution. You may further face troubles in securing loan or credit due to the appearance of bankruptcy on your credit report. Hence, you may want to…

  Tearing your hair apart when you find yourself drowning in debts is certainly not going to make the situation any better. You do have to take stock of your situation and try to get out of the legal wrangle as best as you can. One way to earn a respite in such a situation…