Owning a home is one of the more effective ways to achieve financial security. After all, you can probably expect your house to appreciate in value over time, allowing you to borrow against its equity. You may also be able to sell the house in the future for a large...
Blog
Month: June 2021
3 reasons a deed in lieu of foreclosure is not a good deal
According to the Consumer Financial Protection Board, 2.1 million families owe a minimum of three months' worth of mortgage payments. They are at risk of foreclosure, among the 11 million households in peril of ending up homeless in 2021. There are options to combat...
The Small Business Reorganization Act makes Chapter 11 easier
Although filing Chapter 11 bankruptcy is a positive move that allows floundering companies to reorganize and get back on their feet, it is also a complex move that can be expensive to get through. Some struggling small businesses may not have the resources to get...
What should I know before filing for bankruptcy?
When debt becomes too much for you to reasonably handle, bankruptcy is a viable option. Filing allows you to establish a clean financial state, and in many cases it allows you to retain property, such as your primary home and vehicle. In the event it is the right...
