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
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.
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 [...]
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.
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?