• A Few Things You Need To Know About Saving Your Home With A Chapter 13 Bankruptcy

    Sometimes life gets complicated and you end up with financial problems you can't take care of on your own. If you are feeling trapped and like you are drowning in debt, your only option may be a bankruptcy. A Chapter 13 bankruptcy is a good option when you have a home you want to save but already have a lot of missed payments you need to make up. With a Chapter 13, you will be given the opportunity to pay all the payments you have missed over the course of three to five years.
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  • Bankruptcy Questions For First-Time Filers

    Do you have debts and bills that are unsustainable? If so, the solution to your problems could be filing for bankruptcy. While there are many negative connotations about using bankruptcy, it is possible to give you financial protection from debts you cannot recover from. Here are some questions that many first-time bankruptcy filers have about the process. Are All Debts Discharged When Using Bankruptcy? Bankruptcy is designed to protect people that have taken on more debt than they're able to repay, but be aware that some debts are not covered with bankruptcy.
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  • Can You File For Bankruptcy Without Your Spouse?

    When you get married, you become one in more than one way. For this reason, when one spouse is facing the possibility of bankruptcy they often wonder — does my spouse have to file too? Unfortunately, there is no clear-cut answer to the question, as there are a variety of factors that determine the decision. But here are some factors you can consider to bring you closer to an answer.
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  • Tips For Hiring A Bankruptcy Attorney

    Making the decision to file for bankruptcy can be very difficult. But, sometimes people get to the point where their debts are crippling and they have no possible means to pay them back or even keep up with minimum payments. Since bankruptcy is a complicated process, it is always in your best interest to hire a bankruptcy attorney like those at Haven Law Group, P.C. Use the following tips to hire an attorney for your bankruptcy case:
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  • Four Things You Should Know If You Are Contemplating Bankruptcy

    Your personal finances may be at a point where you see no way out other than a bankruptcy. You probably know that it will damage your credit rating for several years, but at least you will get a fresh start. However, there are a few things you should know about bankruptcy. You need to qualify for bankruptcy It's not simply a question of deciding to file for bankruptcy; you must qualify.
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  • Is It Time To File Again? Understanding Bankruptcy Filing Limits

    It's helpful to know that there are no limits on how many times you can file for bankruptcy. As long as you are qualified and have waited long enough, you will be allowed to file, whether that's 2 time or 10 times. The time limits listed below are all based on the date that your most recent bankruptcy was final, not the date that you first filed your paperwork. Read on to learn how long you must wait after both chapter 7 and 13 bankruptcies tofile again.
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  • Are Your Retirement Plans Part Of Your Bankruptcy?

    One of the concerns that bankruptcy filers have is whether their retirement plans will be safe from the trustee. The trustee has the responsibility of reviewing your assets and determining if any of them could be put towards paying your debts. Depending on the type of retirement plan you have, there is a possibility that it is not safe. If you are planning to file for bankruptcy, here is what you need to know to protect your retirement plan:
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  • 2 Ways To Save Your Home From Foreclosure

    The thought of losing a home is scary for everyone. Unfortunately, financial crises happen and some families are faced with the prospect of foreclosure.  If you are facing foreclosure, it is important to carefully explore your options before your lender takes possession of your home. To help you get started on finding a resolution, here are a few solutions that might work for you: Ask for a Forbearance Agreement Your lender likely offers the option to sign a forbearance agreement that would help you to avoid foreclosure.
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  • 5 Practical Tips When Facing Foreclosure: You Do Have Options Available

    Although it may feel like the end of the world when you're facing the possibility of foreclosure, you really do have options available to you. It's very important that you be realistic, choosy in whom you trust, and quick to act. Even with options, the urgency cannot be overstated. 1. Don't Avoid The Problem Unfortunately, the threat of losing a home can be so devastating that people actually look the other way about it.
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  • What Every Parent Needs To Know About Children And Their Credit Scores

    Most consumers understand how their credit score affects their access to things like loans, insurance, and apartment rentals. However, what many consumers don't understand is the risk facing minors. When you don't monitor your child's credit history, he or she is at risk of identity theft and the potential for a host of negative accounts. When this happens, it can mean years of struggling to restore their good standing even though they weren't the ones who damaged it.
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