Why You Need an Attorney When Filing Chapter 7 Bankruptcy

It can be tempting to seek a bankruptcy without an attorney to avoid legal fees. But you may end up with unnecessary stress and spending an excessive amount of time on your case if you go it alone. If you are considering filing Chapter 7 bankruptcy, it’s important to talk to an attorney as soon [...]

By |2018-03-26T18:31:59+00:00March 26th, 2018|Uncategorized|Comments Off on Why You Need an Attorney When Filing Chapter 7 Bankruptcy

What Is a Bankruptcy Trustee and What Is Their Purpose?

During Chapter 7 or Chapter 13 bankruptcy proceedings, a bankruptcy trustee is appointed by the federal government to oversee the case. In most cases, a bankruptcy attorney or accountant will serve as the trustee. The trustee plays an important role during the bankruptcy process, including: Ensuring debtors are in compliance with regulations Ensuring debtors are [...]

By |2018-06-08T08:30:19+00:00February 6th, 2017|Uncategorized|Comments Off on What Is a Bankruptcy Trustee and What Is Their Purpose?

6 Financial Spring Cleaning Tips

Spring cleaning isn’t just for your home. In fact, your finances will benefit from a yearly cleaning, too. Wondering where to start? Consider the following tips to spruce up your finances and improve your financial health in 2017: Run a free annual credit report. Did you know that the Fair Credit Reporting Act allows consumers [...]

By |2018-05-09T14:08:13+00:00April 6th, 2016|Uncategorized|Comments Off on 6 Financial Spring Cleaning Tips

How Much is Post-Holiday Debt Costing You?

Now that the holidays are over, many people must now make plans to deal with the new debt they have accumulated. In fact, consumer credit agencies report a 25 percent spike in people seeking help in the first couple of months of the year. If you have credit card debt leftover from the holidays, read [...]

By |2018-05-09T14:10:27+00:00January 5th, 2016|Uncategorized|Comments Off on How Much is Post-Holiday Debt Costing You?

Why You Should Not Be Afraid to File Bankruptcy

There are a number of misconceptions about bankruptcy with many consumers under the impression that filing bankruptcy will hurt them. Fortunately, the process can help you and once you gain the necessary knowledge and get clarity about filing, it may improve your financial situation in more ways than one. In short, if you are unsure [...]

By |2018-05-09T14:20:01+00:00August 20th, 2013|Uncategorized|Comments Off on Why You Should Not Be Afraid to File Bankruptcy

How Can I Avoid Getting Sued for Past Due Debt?

Getting Sued for Past Due Debt? Being sued for unpaid debt is a possibility but you may be able to avoid legal action. It's common for debtors to forget or ignore the fact they owe money on an old or past due debt until a summons is received catching you off guard. Avoiding a lawsuit [...]

By |2018-05-09T14:21:35+00:00September 6th, 2012|Uncategorized|Comments Off on How Can I Avoid Getting Sued for Past Due Debt?

Texan Opposition To Payday Lenders’ Loan Shark Interest Rates Yields Progress

More Texans are standing up to the loan shark interest rates of the state's payday lenders. According to a survey commissioned by the AARP, more than three-fourths of Texans oppose payday lenders charging up to 500% APR interest and almost two-thirds support the licensing and regulation of payday lenders (64%). The opposition has apparent gained [...]

By |2017-12-21T01:17:41+00:00August 9th, 2011|Uncategorized|Comments Off on Texan Opposition To Payday Lenders’ Loan Shark Interest Rates Yields Progress

Debit Card Hold After Bankruptcy

If you're like most people, then you're probably using your debit card for many everyday transactions such as shopping for groceries, paying a restaurant bill and putting gas in your car. But many more merchants are beginning to practice placing a "hold" on bank accounts so that they can insure that they can get their [...]

By |2017-12-21T01:17:41+00:00August 4th, 2011|Uncategorized|Comments Off on Debit Card Hold After Bankruptcy

Post-Bankruptcy Survival: Making The Most Of Your Financial Fresh Start

One of the biggest reasons that some post-bankruptcy debtors fail to financially thrive after their bankruptcy discharge is that they don't understand the basics of personal finance. At first, some post-bankruptcy debtors are extremely frugal to a fault; but within a few years they begin making the same mistakes and need to consider bankruptcy again. [...]

By |2017-12-21T01:17:41+00:00August 2nd, 2011|Uncategorized|Comments Off on Post-Bankruptcy Survival: Making The Most Of Your Financial Fresh Start

Three “Financial” Products You Should Avoid

Financial trouble is a part of life, even after you have filed bankruptcy it's normal that you will have some rough times ahead. At least once every ten years, most Americans face at least one major financial issue. But how should you handle financial troubles when they come your way? There are a myriad of [...]

By |2018-01-10T08:27:57+00:00July 27th, 2011|Uncategorized|Comments Off on Three “Financial” Products You Should Avoid