Bankruptcy is a bummer. No one has ever said “OH MAN! I’m so excited to file bankruptcy! It’s going to make everything so awesome!” That being said, sometimes it needs to be done. If you have explored all of the alternatives and have decided to file bankruptcy, it’s important that you know what your options are and how they will impact your existing mortgage, or your future ability to obtain home loan financing.
Tag Archives | Creditors
Bankruptcy Options and How They Affect Your Mortgage
by Amber Hunt on May 17, 2012 in Credit & Debt, Family Focus, Homeowners Tips, Retirement, Saving, Smart Shopper, Taxes

The Difference Between Chapter 7 Bankruptcy and Chapter 13 Bankruptcy
by Victoria Araj on September 30, 2011 in Credit & Debt, Family Focus, Homeowners Tips, Retirement, Saving, Smart Shopper, Taxes
What’s the difference between Chapter 7 bankruptcy and Chapter 13 bankruptcy? We’ll review the court process and what you can expect if you declare bankruptcy.
12 Signs Your Debt is Out of Control
by Victoria Araj on December 1, 2010 in Credit & Debt
Carrying some debt is very normal. Virtually everyone has debt. But the key is controlling and managing your debt, not letting debt control you. How [...]

10 Ways You Can Avoid Bankruptcy
by Jenny Zhang on April 12, 2010 in Homeowners Tips
With unemployment at an all time high, and many families struggling through financial difficulties, it’s easy to view bankruptcy as a way out. But declaring bankruptcy may not only be damaging to your credit, it could also affect future purchases and opportunities. If you are considering filing for bankruptcy, here are ten ways to avoid bankruptcy.
Four Common Myths about Improving Your Credit
by Clayton Closson on September 22, 2006 in Homeowners Tips
There are lots of urban-legend-type beliefs about ways to raise your credit score. But what you think might work, may actually hurt you. What are some of the credit myths and what's the real truth?
