If you're facing the possibility of foreclosure because you've gotten behind on your mortgage payments, you may be willing to consider any option that will let you keep your home. Unfortunately, there are a lot of unscrupulous people out there who prey on people who...
Taking a look at your finances can be a real wake-up call. Some people don't realize just how deep in debt they are until they gather all the bills into one place. When they compare the debt to their income and add in their normal bills, such as rent or mortgage...
You've made the decision to file for bankruptcy. You've determined that it's the best option for dealing with your debts and getting a fresh start. You'll be busy with the bankruptcy process and adjusting to the changes in your life that come along with it. At some...
No, "zombie debt" does not refer to the credit card balances owed by characters on The Walking Dead. It's debt that is, like zombies, dead. It's no longer owed. That may be because the statute of limitations for collecting it has passed, it's been discharged in...
Many people feel like they'll be in debt until they die. Indeed, nearly 75 percent of people die with some debt. Let's look at what happens to your debt when you're no longer around. A person's debts need to be paid from their estate before any of their assets can be...
Overall throughout the U.S., the number of foreclosure filings fell during the first half of the year. The total number was down over 296,000 from the first six months of 2018. That's an 18% drop in a year and a whopping 82% decrease from 2010. Those numbers are from...
If you have found yourself struggling to keep your debt under control, bankruptcy may seem increasingly appealing. Chapter 7 bankruptcy, in particular, offers a host of benefits for those struggling with overwhelming debt. In addition to an automatic stay that...
If you've got a child going off to college this fall, you'll be interested in -- and perhaps alarmed by -- this statistic: 36% of college students in this country report that they have over $1,000 in credit card debt. That's according to a recent survey by AIG and...
If all you did was take a passing glance, you might start to think that Chapter 7 bankruptcy is more beneficial for the average person in Louisiana then Chapter 13 bankruptcy. Chapter 7 bankruptcy involves the immediate discharge of unsecured debts if the courts...
If you are considering bankruptcy, you likely don't have substantial balances in your bank accounts. However, you may have one or more retirement accounts in which you've managed to save a fair amount of money over the years. What happens to your accounts when you...