Is Bankruptcy Your Best Option?

Bobbi Olson Podcast

Bankruptcy Attorney & Host of the “Fresh Start For Life” podcast, Don Golden shares his 20+ years of expertise. Plus, life after bankruptcy and how to rebuild your financial life. ​And CentsAble Bobbi chats about common financial fears and how to overcome & plan for them.

In This Episode

  • Issues that may require bankruptcy: lawsuit from a creditor, wage garnishments, the inability to pay more than minimum payments
  • Non-profit consumer credit counseling agencies can help you decide whether or not to consider bankruptcy
  • Debt consolidation versus debt management – WHAT YOU DON’T KNOW CAN HURT YOU!
  • Difference between “charged off” and “discharged” debt – and how it impacts your taxes
  • Why you might do more damage, by putting off bankruptcy too long
  • Chapter 7, 11 & 13 – how do they differ, and which is right for you?
  • Difference between bankruptcy and debt management plans
  • Using your financial mistakes to create a more secure future
  • Why your credit may not be impacted as much as you think
  • Common financial fears, and how you can overcome them
  • Most debt management plans take 3-5 years to complete​
  • Budgeting for a job loss or other financial emergency
  • “Rebuild Your Credit, Rebuild Your Life” program
  • How to find out if there is a lien on your property
  • Can bankruptcy discharge student loan debt?
  • Can a budget save you or is it time to file?
  • If you’re being sued, you need a lawyer!
  • IRS debt may be dischargeable
  • Budgeting after bankruptcy
  • Safeguarding against fraud
  • Pros & cons of bankruptcy
  • How to make a fresh start

Links & Resources