How Can I Rebuild My Credit After Bankruptcy?

Tips on How to Rebuild Credit After Bankruptcy? Many people believe that bankruptcy permanently destroys your credit, but this couldn’t be further from the truth. In fact, bankruptcy may even save your credit in cases where an old debt kept your score down. Now that you have gotten a fresh financial start, there are a number of [...]

By | 2018-04-10T10:43:50+00:00 July 12th, 2017|After Bankruptcy, Credit and Bankruptcy, Managing Your Finances|Comments Off on How Can I Rebuild My Credit After Bankruptcy?

Can Student Loan Debt Affect Our Nation’s Future Economic Growth?

Students across the U.S. have accumulated so much student debt since the 2008 recession that it now poses a threat to our nation’s economic growth. Americans laboring under the assumption that they could pay back their loans after college are now finding that they have to put off important life decisions like getting married, starting [...]

By | 2017-12-13T01:42:12+00:00 September 9th, 2015|Economy, Managing Your Finances, Student Loans|Comments Off on Can Student Loan Debt Affect Our Nation’s Future Economic Growth?

Federal Trade Commission Bans Online Payday Lender’s Unfair Business Practices

The Federal Trade Commission (FTC) has banned Swish Marketing, Inc. and their affiliates from promoting payday loan products (or any product) with a "negative-option" program and ordered the company to pay consumers $4.8 million because they trick payday loan applicants into paying for an unrelated debit card. The FTC charged that Swish operated websites advertising [...]

By | 2017-12-16T01:56:58+00:00 July 29th, 2011|Managing Your Finances|Comments Off on Federal Trade Commission Bans Online Payday Lender’s Unfair Business Practices

Three Signs You’re Car Dealer Is A Predatory Lender

Is Your Car Dealer a Predatory Lender?If you've been out of bankruptcy for a few years, then you're probably ready to take the leap and buy a new or used car. If so, you need to be on the lookout for predatory lenders. Predatory lenders in the car finance industry are plentiful and they've got [...]

By | 2017-12-21T01:18:04+00:00 July 13th, 2011|Managing Your Finances|Comments Off on Three Signs You’re Car Dealer Is A Predatory Lender

Post-Bankruptcy Survival: Can You Really Afford To Own Your Home?

Owning your home is part of the American dream.  It is usually the goal of the post-bankruptcy debtor just as much as the rest of America.  But is owning your home affordable and desirable after bankruptcy? Let's take a look at a few things post-bankruptcy debtor should consider before signing a mortgage: Can you afford [...]

By | 2017-12-16T01:53:45+00:00 January 8th, 2011|Managing Your Finances|Comments Off on Post-Bankruptcy Survival: Can You Really Afford To Own Your Home?

Kardashian Debit Card Bilks Youth – The New Wave Of “Prepaid Debit Cards”

If you've been keeping up with the latest entertainment buzz you've probably heard about the Kardashian sisters' newest and now defunct business venture - a prepaid debit card designed to leverage the influence they've gained from their hit cable TV show "Keeping Up With The Kardashians."  The show targets young people, which was also the [...]

By | 2017-12-16T02:01:01+00:00 December 2nd, 2010|Managing Your Finances|Comments Off on Kardashian Debit Card Bilks Youth – The New Wave Of “Prepaid Debit Cards”

Chapter 11 Bankruptcy Repayment Plan Must Meet Trustee Standards

In the Chapter 11 bankruptcy case, In re Charles R. Livecchi, Sr., the pro se debtor was forced into a Chapter 7 bankruptcy after he failed to present a realistic and repayment plan. On April 8, 2009, Appellant filed a voluntary Chapter 11 bankruptcy petition. On January 21, 2010, the United States Trustee filed a [...]

By | 2017-12-13T03:28:26+00:00 November 25th, 2010|Bankruptcy, Chapter 11 Bankruptcy, Managing Your Finances|Comments Off on Chapter 11 Bankruptcy Repayment Plan Must Meet Trustee Standards

Three Signs That It’s A Credit Repair Scam

You're up late at night listening to the radio, surfing the internet or watching TV when you're bombarded with an over the top credit repair commercial promising to fix all of your credit problems if you would only hire their company.  But before you pick up the phone to call the so-called credit repair "gurus" [...]

By | 2018-01-09T07:07:58+00:00 September 4th, 2010|Managing Your Finances|Comments Off on Three Signs That It’s A Credit Repair Scam

Why You Should Not Opt-In For Overdraft “Protection”

New laws have prohibited banks from automatically enrolling their checking account customers into overdraft "protection" schemes.  But many banks are getting creative about convincing their customers that signing up for overdraft "protection" schemes is to their benefit.  Don't doubt for one minute that the only people that the overdraft "protection" schemes benefit are the banks.  [...]

By | 2018-01-10T08:24:43+00:00 August 27th, 2010|Managing Your Finances|Comments Off on Why You Should Not Opt-In For Overdraft “Protection”

Tips On Avoiding Subprime Lenders After Bankruptcy

Many debtors are surprised that after their bankruptcy is discharged they find themselves receiving many credit offers.  Credit card companies, car loan lenders and even mortgage finance companies will send post-bankruptcy debtors credit offers hoping to capitalize on their clean financial slate.  But beware; many of these creditors are subprime lenders who prey on people [...]

By | 2017-12-13T01:50:44+00:00 June 22nd, 2010|After Bankruptcy, Economy, Managing Your Finances, Subprime Mortgages|Comments Off on Tips On Avoiding Subprime Lenders After Bankruptcy