With the economy languishing for the past few months, many feared that an absolute wave of foreclosures was coming. This happened the last time that there was a recession, after all, and it felt like the same thing could just repeat itself a bit over 10 years later. ...
How does a Chapter 13 repayment plan work during bankruptcy?
Most individuals considering bankruptcy will either file to Chapter 7 or Chapter 13 bankruptcy, although there are many other kinds of available as well. One of the features that set Chapter 13 bankruptcy apart from Chapter 7 is the requirement for filers to complete...
Understand these points about medical bankruptcy
Medical bills are one of the many factors that can lead Americans to file for bankruptcy protection. The high cost of care coupled with the rise in normal living expenses is leading some individuals to wonder how they are going to make ends meet. This is especially...
Taking these steps may help save your home
Nobody wants to be evicted. The thought of being forced from the home that your family has occupied for years is heartrending. If you’ve missed mortgage payments and it doesn’t look like you’ll be able to catch up, you probably worry that foreclosure is unavoidable —...
How does bankruptcy affect foreclosure?
When you’re short on money, you have to prioritize the bills -- and your mortgage payment may take a back seat to your grocery bill and utilities. Eventually, however, the bank may threaten foreclosure if you don’t catch up. Can bankruptcy help? Here are some of the...