bankruptcy blog

It is commonly thought that filing a bankruptcy will ruin your credit score. Although generally bankruptcy will have the immediate short term effect of lowering your credit score, the reality is in the long run it generally helps your credit score. FICO (your credit score) is nothing more than a mathematical formula used by creditors  … Read more

House foreclosure – problems paying you house mortgage? A large number of people are turning to “loan modification firms” to help them get a loan modification. Not only are they using these newly founded firms and believing the “hype” but they are paying large sums of money to “loan modification” companies. Far too much money  … Read more