Monthly Archives: September 2024
Can You Afford to Hire a Debt Relief Lawyer?
If you are wondering whether you are legally eligible to file for bankruptcy protection, the answer is yes. Everyone, individuals and corporations alike, has the right to discharge eligible debts in bankruptcy court if they cannot repay them. The only exception is that, if you have previously filed for bankruptcy, you must wait several… Read More »
Should You File for Bankruptcy a Second Time?
Life is not a Monopoly game, and filing for bankruptcy does not mean that you are out forever. Instead, after the bankruptcy court discharges your eligible debts, or perhaps even before, you start looking forward to rebuilding your credit. Only a cynical person or the serial entrepreneur villain of an anti-capitalist webcomic would walk… Read More »
Who’s Afraid of Reverse Mortgages?
When you close on the purchase of a house, especially if you are a first-time homebuyer, you have high hopes about paying off the mortgage. You make a budget where you pay more than the minimum payment each month, thereby making a dent in the principal so that you pay less interest over time. … Read More »
Beware of Zero Percent Down Mortgages
Whether or not you were old enough to understand debt and financial risk when the 2008 housing market crisis happened, you were probably dismayed to hear about the people who borrowed subprime mortgage loans and then, to no one’s surprise, defaulted on them. How could anyone be so unscrupulous as to lend huge mortgages… Read More »
