When you've fallen behind on your bills, and you know the debt collectors are after you, checking the mailbox and picking up the phone become a scary proposition. If you're in dire financial straits, you may be losing sleep at night or feeling stressed all day. If...
Month: December 2016
How to avoid foreclosure
Foreclosure happens when a homeowner fails to pay their mortgage. It is a legal process by which the lender attempts to recover the loan the borrower owes them if the borrower has stopped making their payments to the lender. In this scenario, your house will be used...
Chapter 7 bankruptcy could solve your debt problems
Simply put, bankruptcy is a solution to the problem of having debts that you will never be able to pay back. Therefore, in certain situations, it may your best option for overcoming financial trouble. If you are an individual with few or no assets or a...
Does Filing for Bankruptcy Mean Losing the House?
If you find yourself considering whether bankruptcy is the best way to address your debt problems, your biggest concern may be whether you will lose your house. To understand your full range of options for debt relief and keeping your home, here are some things to...