Unfortunately, life sometimes throws a person off-balance and filing for bankruptcy is the only option. And after filing for bankruptcy, it may seem lenders will never loan you money to buy a house. But with about 800,000 Americans filing for bankruptcy every year, most people who file for bankruptcy are well-intentioned people who are just […]
Should You Take Out a Loan To Consolidate Your Debts?
Sometimes simplicity can be deceiving or perhaps short lived. Keep that in mind when contemplating whether you’ll benefit from a debt consolidation loan or program. Consider debt consoidation the last measure before bankruptcy, liens, wage garnishing, and even foreclosures — all of which put black marks on your credit reports for at least seven years. Why […]
What Happens After You File for Bankruptcy?
When you file for bankruptcy don’t expect it to take away all of your debt — credit-card lobbyists have fought long and hard for
Common Reasons To File For Bankruptcy
The thought of having to file for bankruptcy is horrifying for most people. Most of us have been conditioned to believe that we should pay all of our debts, regardless of the hardship it causes in the household, and to believe that people that file for bankruptcy are behaving less than honorably. When facing the […]