You are finally looking forward to the future and working for the things you have always wanted. You are out of high school, enrolled in your dream university and are ready to move into your dorm. Suddenly, you are facing a big question: How are you going to pay for all this? Excessive student loan […]
A lot of the talk around bankruptcy focuses on finances. That makes sense, as bankruptcy is often about matters such as drowning in medical debt and credit card bills. However, while the legal process provides the fresh start you need financially, it may not help you much with the feelings that are threatening to overwhelm […]
The good news first: Plenty of people have been able to buy a house after their bankruptcies were settled. Now for the bad news: Well, there actually is not any. You do have to exercise some patience and diligence, but these are good characteristics to have anyway. Learn more about successfully getting a house after a […]
As you consider bankruptcy, you may be unsure which type to file for. There are two types for personal bankruptcy: Chapter 7 and Chapter 13. Each takes a different approach to eliminating debt. Knowing the benefits of each may be a contributing factor in your decision. However, the best way to know which is right for you […]
Credit cards are great tools for improving your credit score if you use them responsibly. However, if you are not careful, you might end up with an unmanageable amount of debt. But how do you know if you are in too deep? You might know you have some debt, but it can be difficult to […]
Dealing with overwhelming debt is stressful and difficult enough without your creditors hounding you nonstop. Between paper notices, phone calls and in-person contact, you may feel like there is no escape from the endless communication. While creditors have the right to contact you, the Fair Debt Collection Practices Act protects you from having to deal with behavior […]
Everyone goes through hard times, and sometimes, those difficulties result in great loss. If you are facing a foreclosure, you may consider a few different mortgage assistance options. However, it is important people to select the best options for their particular situation. There are a few key factors to consider when choosing the right assistance for you. Process Depending […]
You would like to go into your marriage feeling supremely happy and confident about your future. However, your soon-to-be husband is going through bankruptcy, which casts a bit of a damper on your expectations for wedded bliss. You are afraid that the bankruptcy issues could adversely affect your excellent credit rating. Fortunately, there are ways […]
The meeting of creditors relative to a bankruptcy filing is more formally known as the “341 meeting.” This name comes from Section 341 in Title 11 of the United States Code. When you file for bankruptcy, you will have to attend this meeting along with your attorney and your trustee. It may sound a bit […]
Once you make the decision to file for bankruptcy, you will want the process to go as smoothly as possible. However, you are probably nervous. You have no idea what to expect. When you are under a good deal of stress, mistakes are easy to make, but here are five common missteps that could be […]