bankruptcy blog

Are you in your 20s and want to secure your financial future? Your choices today will reflect your finances tomorrow. So heed onto our financial advice for those in their 20s and strengthen your assets and savings. Financial Advice for Those in Their 20s Put an end to credit cards How many credit cards do  … Read more

As the name suggests, debt management is basically a debt-relief option to offer help to people who are struggling with their monthly bills and credit liabilities. So, basically, you sign up with a debt management company that renegotiates your repayment plan with your creditors and creates a debt management information plan for you to manage  … Read more

A sprawling metropolis in the state of Texas, Houston is also the fourth most populous city in the whole of United States. Lovingly referred by the natives as the ‘Space City’, Houston can be rightly touted as a global hub of business, culture, international trade, fashion, media, technology, education, sports, science, medicine, and even research.  … Read more

Vacationing is truly the most exciting aspect of the summer season! However, it always helps to do a little pre-planning to ensure that you do not end up spending more on travel than you should. Regardless of whether you are planning to visit your nearest beach destination in another state or looking forward to an  … Read more

Traveling to a foreign land is a thrilling and enriching experience. However, you must always be extra cautious of any pickpockets or thieves waiting to make their first move. Here are a few smart tips and tricks for protecting your finances while abroad. Protecting your finances while abroad Always notify your bank of your travel  … Read more

  Given the fact that filing a bankruptcy implies a major impact on your credit rating, not to mention the big blotch it is to your self-image and reputation, many people find it extremely hard a decision to make. However, since there are a plethora of chapter 13 benefits for you to enjoy, filing for  … Read more

It isn’t always easy to take precautions on the go to avoid our trip from ending up a disaster.  Unexpected occurences on a vacation cannot really be ruled out. Accidents, sickness and thefts are only a few of the many things that could possibly go wrong on a vacation. However, it is highly recommend, that you  … Read more

In a Chapter 13 bankruptcy, you have three possible outcomes with regards to car loans. First, you can keep your car and other vehicles and continue paying it off under your repayment plan. Second, you might lose your vehicle if the payment is exceptionally high and you have a high level of non-exempt equity. Third,  … Read more

In a Chapter 7 bankruptcy, you are free of all debts except for tax payments and other necessary payouts like child support. Your secured loans are also removed from you in the sense that they have some kind of backing in the form of property, so personal liability is removed. Lenders are not free to  … Read more

Mortgage after bankruptcy is something that no one really hopes to get. You are right in assuming lenders do not like to see a bankruptcy on a credit sheet when offering loans, especially long term, housing loans. It is, however, possible after a waiting period. What you need to understand is that there is no  … Read more