Owning a Home After Foreclosure

Owning a Home After Foreclosure

No one ever plans to go into foreclosure when they purchase their home. But when unexpected financial troubles lead to foreclosure, most homeowners wonder if they will ever be able to own a home again. The good news is that foreclosure is not a real estate death...
Chapter 13 FAQ: What You Need to Know

Chapter 13 FAQ: What You Need to Know

What Is Chapter 13? Chapter 13 bankruptcy is a plan that allows wage earners to pay off some or all of their debts over a period of several years. Chapter 13 is filed in the U.S. Bankruptcy Court, where you or your attorney will present a proposed repayment plan for...
The Immediate Benefits of Filing for Bankruptcy

The Immediate Benefits of Filing for Bankruptcy

The idea of filing for bankruptcy makes some people uneasy, but that should not always be the case. For some people, filing for bankruptcy yields some immediate benefits that can significantly improve your quality of life right away. Here are a few of the ways that...
Filing for Bankruptcy Has Immediate Benefits

Filing for Bankruptcy Has Immediate Benefits

Being behind on your bills can be extremely stressful. You might avoid going to the mailbox or picking up the phone from unknown numbers. Many people who find themselves in this situation do not know where to turn, and they might let the situation go on for months or...
The Effect of Mortgage Issues on Your Credit Score

The Effect of Mortgage Issues on Your Credit Score

Your credit score is important, and having a low credit score can prevent you from getting approved for a loan or credit card, renting an apartment, financing large purchases, or even getting a job. If you are having difficulty paying your mortgage, it is important to...
Bankruptcy Can Help with Wage Garnishments

Bankruptcy Can Help with Wage Garnishments

If a creditor or agency is garnishing your wages, you are likely feeling the financial effects of that garnishment in many ways. Having your income reduced can cause problems when it comes to paying your bills or even covering the most basic expenses. Garnishment can...
Bankruptcy Can Help with Medical Debt

Bankruptcy Can Help with Medical Debt

While bankruptcy is often associated with poor financial judgment, this is simply not the case in the majority of situations. Many bankruptcy cases arise due to circumstances beyond a person’s control – such as a sudden injuries or illness that requires costly...
Who Can Garnish Your Wages?

Who Can Garnish Your Wages?

Many people carefully budget out their entire paycheck for bills, savings, and extra spending. To find that your paycheck has suddenly been reduced by any amount can cause serious financial issues for your and your household. However, this happens all too often when a...