How Can Bankruptcy Help If You Are Facing Foreclosure?
16 May 2016
One of the difficult decisions you have to make when you are facing a foreclosure is whether or not you want to fight for the home or walk away. Both options can have financial consequences that could have a long-term impact on your future. If you are unsure of what you should do, here are some options and the possible consequences.
What If You Want To Keep the Home?
If you want to keep the home, you can attempt to negotiate with the lender.
What Happens If You Miss A Payment In A Chapter 13 Filing?
10 May 2016
A key part of a Chapter 13 bankruptcy is the repayment plan. If you fail to make your payments as agreed, you could suffer harsh financial consequences. If you are currently on a repayment plan, here is what you need to know.
What Are the Consequences of Missing Payments?
The repayment plan in a Chapter 13 bankruptcy is based on how much you can reasonably afford after paying essentials, such as your mortgage.
What You Should Know About Bankruptcy And Foreclosure
29 April 2016
If you are currently struggling financially, you might be at risk of foreclosure. When you go through foreclosure, you lose your home due to being behind on your mortgage payments. If you are also going to file for bankruptcy due to the same financial issues, it might actually be able to stall the foreclosure and help you turn things around before it is too late. Here are some things to know about bankruptcy and foreclosure.
Ways To Improve Credit After Bankruptcy So You Can Get Loans And Credit Faster
27 April 2016
Filing Chapter 7 bankruptcy can be a huge help if you are in debt, and this filing will remain on your credit report for 10 years. While this is a long time, you should know that this does not mean you will not be able to get credit lines or loans for the entire time. Here are several things you can do to help improve your credit score after bankruptcy so you can get approved for a credit card or loan faster.