Any number of situations can drive a person into financial difficulty. As the economy continues slowly recover, many people are still feeling the side effects of the recession and a weak business cycle. When debts reach unsustainable levels, filing for bankruptcy might become the best-available option.
Divorce and bankruptcy have a very complicated relationship, which is either ironic or appropriate (we can't tell). In some cases, a bankruptcy filing may trigger a married couple to reconsider their relationship, thus sparking a divorce. In other cases, it may be the other way around: the divorce takes a financial toll on one of the spouses (or both), thus leading them to file for bankruptcy.
When anyone files for personal bankruptcy, they will have to decide whether they want to go with Chapter 7 or Chapter 13. These two forms of bankruptcy are very different, but in either case, they can help a debt-ridden individual (or simply someone who needs help regaining their financial footing) reclaim their fiscal livelihood.
Pittsburgh residents blinked a few weeks ago, and suddenly the holidays were upon them. It happens every year, as the leaves fall and the winter blows in: People simply can't believe that the holidays are already here. With the holiday season in full swing, there's one thing many people all across Pennsylvania will be doing -- reaching for their purse or wallet to bring out their credit card.