When you start accumulating debt and it becomes so sizable that you see no realistic way to pay it off, you may explore your options and consider whether you may be able to get your head above water by filing for bankruptcy. Chapter 7 and Chapter 13 bankruptcies are...
Blog
Month: April 2021
Timeline and strategies for home ownership following bankruptcy
If you recently filed for bankruptcy, it may feel good to start from scratch. However, you may also be wondering when, if ever, you will get your life back. One thing that may seem unattainable is to own a house in the future. With hard work and good decision-making,...
How much time borrowers may have to stop the foreclosure process
It may take months of missed mortgage payments before a lender begins the foreclosure process. As reported by Bankrate.com, the average foreclosure took about 24 to 28 months based on data compiled from the fourth quarter of 2020. Lenders do not usually begin the...
