When you have debts hanging over your head and creditors calling, the pressure can feel almost unbearable. Unfortunately, there are predators out there who know that you’re feeling the pressure – and they don’t mind using your feelings against you. If you fall victim to a debt consolidation scam, your financial situation will just go from bad to worse. Here’s how to spot a debt consolidation loan scams when you see them: Read More»
A chapter 7 bankruptcy filing could put some of your property in jeopardy. While the thought of losing property through a bankruptcy can be scary, knowing what will happen will only help you make the best decision when it comes to filing. Read on to learn more about your home, bankruptcy and exemptions. Why could I lose property? A lot of people think of bankruptcy as a way of getting out of debt, but that is only part of the story. Read More»
If you have reached a point financially where you do not have enough income to pay all the bills that come in, it is time to make some changes. While you can work to reduce any new bills you incur, you will still have old bills that need to be paid. It can be very stressful and you may debate filing for bankruptcy. While this is an option, most bankruptcy attorneys will advise some type of debt relief or consolidation before actually filing, and there is good reason for this. Read More»
Even though you are making your regular payments, your debts aren’t going down. If you have regular income, chapter 13 bankruptcy can help you restructure your debts so that you can actually pay them off, instead of watching the balances climb each month. Take a few minutes to learn some of the important details about filing for chapter 13 bankruptcy. 1. The Bankruptcy Takes Years to Complete The exact term of your chapter 13 bankruptcy varies based on how much you owe to creditors and how much income you have. Read More»
Payday loans have a bad reputation, but for those in desperate financial straits, there may be no alternative. Unfortunately, being in desperate financial straits can lead to another inevitability, a bankruptcy filing. While you may know that the vast majority of your debts can be wiped out with a Chapter 7 filing, you may also know that some debts will remain after the bankruptcy. It’s in your best interest to get the most debt forgiveness possible with your bankruptcy filing, so read on for a better understanding of how payday loans are treated when filing for a Chapter 7 bankruptcy. Read More»