If you are afraid you are going to lose your home in a foreclosure, all is not lost. There may be a way to salvage the situation by taking advantage of one of several federal programs implemented by the Obama administration.One program, Making Home Affordable, offers...
Blog
Month: June 2016
In debt to payday loan sharks? Consider bankruptcy
Those who struggle to live paycheck to paycheck can be tempted to make ends meet by taking out one or more payday loans. But this highly detrimental practice can land you in even more financial hot water.In addition to being a form of usury for the sky-high interest...
The automatic stay and bankruptcy
One of the most difficult and stressful parts of having debt problems is the fact that borrowers become the targets of aggressive debt collection agencies. These debt collectors can be rude, invasive and they will track borrowers down wherever they are. They will even...
50 Cent close to finalizing his Chapter 11 bankruptcy process
Rap superstar 50 Cent is inches away from finalizing his bankruptcy. The rapper filed a tentative bankruptcy agreement that requires approval from the court. In the agreement, he agreed to settle his debts with creditors for $23.4 million. In order to meet these...
