3 Things You Need To Understand About How Bankruptcy Really Works
2 November 2017
Bankruptcy is a great tool that can help you out if you are in debt and are unable to handle all of the debt that you have accumulated. However, you need to make sure that you understand the full implications of filing for bankruptcy and how it will affect you long-term.
#1 Bankruptcy Stays With You
When you file for bankruptcy, it is important to remember that this information is going to stay with you for a while.
Better Days Ahead: Bankruptcy Recovery And You
4 September 2017
The decision to declare bankruptcy can be a tough one, and it's easy to see why. You probably know that your ability to use credit will be affected for many years to come, but you may be uncertain about other negative effects of a chapter 7 bankruptcy filing. It could help you to have a better understanding of how to deal with your financial situation after a bankruptcy, so read on.
Things You Should Know If You Are Facing Foreclosure On Your Home
18 August 2017
Whether it was an unexpected change in employment, health issues that led to expenses, or an alteration in personal circumstances that put you in this position, facing foreclosure on your home can be incredibly scary. After years of working hard to pay for a home of your own, you face the possibility of seeing all of your money, time, and personal investment into the property you reside in being taken away.
Two Ways To Handle A Deficiency Balance After Vehicle Repossession
29 March 2017
When you stop making payments on your auto loan, the bank will typically take the vehicle back (i.e., repossession). Unfortunately, your obligation to pay the loan may not end there. If the bank sells the vehicle for less than the balanced owed on your account, you will continue to be liable for the difference. Here are two things you can do to eliminate a deficiency balance after your car or truck has been repossessed.