At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
A negative attitude about bankruptcy is relatively common. While bankruptcy can be a powerful resource for businesses and individuals dealing with financial challenges, many people are judgmental about bankruptcy. They fall victim to the common bankruptcy myth that...
Financial stress is difficult to deal with under any circumstances. Once a person realizes that they can’t possibly cover their bills on their income, they may look for ways to decrease those bills or increase their income. This isn’t always easy. For some people,...
There is no doubt that financial problems can strain a shaky marriage to its breaking point. If you are struggling financially and also find yourself gritting your teeth just to get through the holidays with your spouse, it might be time to have some hard...
Medical debt is an issue that millions of Americans face. It is one of the leading causes of financial instability and bankruptcy. People are often left with no choice other than to not have medical treatment or take on more debt than they can afford to pay back. ...
Every year, thousands of people file for bankruptcy. Bankruptcy is a process that allows people to discharge many overwhelming financial obligations. Some of the most common reasons people file for bankruptcy include credit card debt, medical bills, divorce and job...
If you’ve decided that 2025 will be the year you finally take the step of filing Chapter 13 bankruptcy to get your debt under control, that can feel like the beginning of a huge weight being lifted off you. Before then, you’ve got to get through the holidays and all...
Divorce inspires emotional upheaval, and oftentimes, its financial impact is equally challenging. Many couples who divorce face the daunting task of managing radically altered budgets, expenses and lifestyles as they shift from a two-income household to two...
Bankruptcy is an important form of financial relief for those experiencing hardship. Bankruptcy can put an end to aggressive collection efforts and can help people eliminate some of their debts through a discharge. Individuals who have suffered major medical issues,...
One of the things that keeps people who would benefit from filing for bankruptcy from doing so is the thought of how it will affect their reputation. They fear that people will look at them differently if they find out. Is this true? Most people won’t care As humans,...
Among the many reasons for bankruptcy, one of the most common is just that people are facing overwhelming medical bills. It does not take very long for the debt to become too much for one person to pay back. With some serious illnesses and injuries, they could find...