Something that can happen when your financial situation becomes difficult is that you might find yourself falling behind on your mortgage. You may be forced to "juggle bills," trying to maintain a balance between keeping food on the table, your utilities connected and...
Blog
Month: September 2014
Younger Americans increasingly tending to avoid credit cards
The use of credit cards by people in the 18-to-29 age group -- the so-called "millennials" -- appears to be significantly less than generations of Americans who have preceded them. Why that is, and its effects both positive and negative, is having an impact on the...
How does a payment plan work under Chapter 13 bankruptcy?
Previously we have written about some of the differences between the two most common forms of personal bankruptcy: Chapter 7 and Chapter 13. One of the more significant of those differences is that while Chapter 7 discharges many debts completely, it may still leave...
An overview of how a Chapter 7 bankruptcy process begins
If you have reached the point where you are considering Chapter 7 bankruptcy as an option for debt relief -- and assuming that you qualify to use Chapter 7 bankruptcy -- then your next inquiry may be how the Chapter 7 process works.To begin with, you will file a...
