Foreclosure threats are often the trigger that alerts a person the seriousness of financial issues. The occasional call or letter about a late payment or a few fees here and there can be ignored, but the threat of losing their home is a wake-up call for many. So, what can you do to stop foreclosure? […]
Struggling to pay bills each month can be a symptom of a much larger problem. Sometimes it means you are facing a temporary struggle, related to job loss or unexpected bill. In other cases, the problems are longer term and will continue until you take drastic action. If you are a middle or lower income […]
Filing for bankruptcy is a big decision and it should not be taken lightly. However, if you can truly benefit from filing there is no sense postponing your action. Filing for bankruptcy can stop the endless creditor harassment and help you get a handle on your financial situation. The key is to know when to […]
Chapter 7 bankruptcy is a popular choice for people who are struggling financially and looking for a way to get a fresh start. Filing is one of the best tools available for resolving serious financial strife. Despite its benefits, Chapter 7 is not the appropriate choice for everyone. Bankruptcy has both immediate and long-term consequences, […]
Bankruptcy is often viewed as something negative that puts a stigma on your financial reputation. Though it is not the ideal situation in which to find yourself, it can be a tool to help you revitalize your current financial situation. It is an important decision, so before determining whether or not bankruptcy is right for […]
Financial struggles and the prospect of filing for bankruptcy are scary enough without having to worry about whether your case will be denied. Unfortunately, bankruptcy cases are dismissed more than you might realize. Even the smallest mistake filing your case can result in dismissal. This is why it is so important to work with an […]
Zombie debt – it sounds creepy and if you don’t understand what it is, your financial standing can be eaten alive. Zombie debt is another way of describing junk debt, or more officially, delinquent debt. This is debt that has been written off by the original lender and sold to companies that hope to collect […]
Mortgage modification changes your original mortgage agreement. It is typically done to help make the mortgage repayment process easier for homeowners. Modification lowers monthly mortgage payments and can prevent default if you are struggling financially. Banks offer or grant loan modification requests because it is in their best interest to help you repay your loan. […]
If you are dealing with debt and creditor harassment, you might benefit from filing for bankruptcy. Most people, even those without financial problems, understand the basics of bankruptcy. If financial strain reaches the point where bankruptcy is your best option, you might be tempted to go it alone. It is possible to file for bankruptcy […]
One of the biggest reasons people facing financial turmoil avoid bankruptcy is because they are concerned about losing their assets. Fortunately, it is possible to retain ownership of your home, your vehicle, and protect your assets when you file for bankruptcy. Choosing the Right Type of Bankruptcy to Protect Your Assets The key is to […]
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