Secured vs. Unsecured Debt in Bankruptcy
Wilmoth Law Blog Secured vs. Unsecured Debt in Bankruptcy Both your secured and unsecured debt could be causing you financial issues. Filing for bankruptcy can buy you valuable breathing room for both types of debt due to the application of the “automatic stay.” Unsecured debt is the only type of debt that can be discharged […]
Can a Person Without a Job Get Custody of Their Children?
Wilmoth Law Blog Can a Person Without a Job Get Custody of Their Children? Financial stability is a central concern for parents facing child custody disputes; many worry that not having a job will automatically disqualify them from obtaining custody. While employment status is a factor, it is not the sole determinant. Parents without a job […]
The Impact of Debt Relief on Your Credit Score
Wilmoth Law Blog The Impact of Debt Relief on Your Credit Score Debt relief can provide much-needed financial breathing room for individuals overwhelmed by outstanding obligations. Whether it comes through bankruptcy, debt settlement, or a structured repayment plan, this step can bring immediate and long-term changes to a person’s credit profile. However, it is important […]