expenses

The Dangers of Big Tax Refunds

by Bankruptcy Law Network

75% of tax filers get a refund. And the average refund amount is over $ 2,300.   I was surprised by these figures.  Am I the only one not getting an “annual bonus” from the government? What is wrong with getting a refund check, and what does it have to do with filing for bankruptcy? [...]

Budgeting Problems and Bankruptcy: Part II

by Bankruptcy Law Network

Why is it so hard living on a budget?  I believe it has something to do with the many unscheduled expenses of life. Do we carefully categorize every dollar spent?  Probably not.  As a result, we underestimate how expensive life really is. Yesterday, I joined my wife for a quick trip to the local supermarket. [...]