Bankruptcy has terrible effects on your ability to obtain finance. In order to solve this problem there are many things you can do. However, most of them will just take years to show effects and if you need finance sooner, you wont have that much time. Your home equity can aid you in getting approve
One thing that we all would want to avoid is debt and any kind of financial deficiency which eventually make us a prey of several kinds of harassments, warnings and threatening made by creditors and collectors. The embarrassments and anxieties that follow creditors’ harassments and repeated re
For some of us, paying your charges is a challenging, and sometimes, unattainable endeavor. We are required to create every day buys with a bank card, and we screen our needs collection agencies. For some ...
If you like to watch the morning television broadcast of "Live with Regis and Kelly", you will most likely have a lot of fun attending a show as part of the live studio audience. The tickets are free! Here's how you can get them.
Texas laws protect residents from wage garnishment.texas map image by Vladislav Gajic from Fotolia.comIf you live in Texas and are concerned about paying your unsecured debt, you should know about your rights and obligations under Texas Law. Texas residents are protected by federal and...
If your business fails then obviously you are going to lose the source of income your business may have provided.But an even greater fear of many business owners is the fact that they may lose their hard earned savings and property due to debts that they incurred in trying to make the business succe
Just because you want to discharge all your debts does not mean bankruptcy is the option. It is not your choice as to which chapter of bankruptcy you file, as this article explains.
Bankruptcy is both a financial and emotional challenge for consumers. Many people who file feel the information should be private and are worried that friends, family, employers or colleagues will find out about their bankruptcies. While bankruptcy papers are generally public record, under certain c
The Internet is a valuable resource for research, but oftentimes it's difficult to tell the good information from the bad, particularly when it comes to advice about how to deal with your debt. Frustrated by conflicting information, sales pitches and schemes, you may end up going around in circles.
With nearly 1.5 million bankruptcy filings in the United States between September 2008 and September 2009, the subject is on the minds of many Americans. Whether you're just looking into bankruptcy or have decided to pursue it, you're likely to have a number of questions about the process. Perhaps t
A HUD-certified debt counseling agency can help you change negative spending habits.dollars image by peter Hires Images from Fotolia.comThe U.S. Department of Housing & Urban Development (HUD) provides a list of HUD-certified credit and debt counseling agencies on its website. These...
It is important that what they do have is protected from their creditors as much as possible.Liquidation bankruptcy, covered under Chapter 7, involves the wiping out of the debts by selling nonexempt property and using the credits to pay the creditors.Today, just qualifying to file for bankruptcy is
As a seasoned bankruptcy lawyer in Alexandria, Virginia, George C. Nielsen has been asked this question many times before. Unfortunately, despite his experience in the area, he, too, wonders what the mortgage-related future will hold for those currently filing for bankruptcy.
Let me show you how bankruptcy relief can help you secure your retirement, even if you have never invested a dime in your life. If you are struggling financially, why put a higher priority on the repayment of your debts than investment in your retirement? I don't know, but a lot of people make
When you file for Chapter 7 bankruptcy, the court usually grants an automatic stay so your creditors don't take adverse action against you such as foreclosing on your home while the court is considering your petition. If the court dismisses your bankruptcy, however, your creditors can pick up where
If you're unable to pay off a credit card debt or loan, then the creditor may contact a local court to file an order for wage garnishment. Wage garnishment allows the creditor to take a percentage of your money out of every paycheck until the debt is paid, which can be devastating for people who can
Debt collectors sometimes exceed their rights to discuss outstanding bills. Threats, abusive language, and frequent calls stress many people in this situation. A debt collector may contact your family, friends, or boss in an attempt learn your whereabouts. Collectors may try to collect debts that ri
Filing for bankruptcy is an opportunity to reorganize your debt or ask a federal court to dismiss it, giving you the opportunity to start over financially. But bankruptcy also has drawbacks and should only be a last resort for consumers with serious debt problems and a lack of other options.
Withdrawing money from a pension plan ranges from easy to difficult, depending on which type of plan you have and how the plan is set up. Many people try to avoid withdrawing from their plans because of the penalties and fees that may be involved. Unfortunately, for some individuals, it may be neces
Bankruptcy law is regulated by the federal government, and bankruptcy cases are administered and litigated in the federal bankruptcy courts. Although, bankruptcy law is federal in nature, the federal government defers to Texas on some points of bankruptcy law. When filing for Chapter 7 bankruptcy in
