Category : General

You have questions, we have answers: Foreclosure and Bankruptcy

Filing a bankruptcy petition stops all mortgage foreclosure actions currently underway, as well as preventing them from beginning in the future. Chapter 13 bankruptcy cases also allow you to force your mortgage lender to give you up to five years to catch up on your back mortgage payments.

Happy 2022!

Happy 2022! Already a few days into the new year and it still feels strange to write, and say, 2022, but the closing of one year and the beginning of another is the perfect occasion to both look back at the past year and strategize for the year ahead. Take this opportunity to consider how […]

Buy-now, pay-later: A new take on an ongoing debt problem?

“People have long financed purchases … cars, houses, and in the 1800s, farm equipment, sewing machines, and other necessities. But the trendy modern version known as BNPL (buy-now, pay -later) has exploded lately, thanks to a combination of proliferating installment-plan offers and a buying frenzy during the pandemic, as people stuck at home turned to […]

Holiday Budgeting: How will you spend your money and your time this year?

Heading into the holidays without a plan for your money can set you up for a financial disaster in the new year: “According to the National Retail Federation (NRF), shoppers plan to spend nearly $1,000 on average during the holiday season. Spending on gifts accounts for $650, while food, decorations, and other non-gift items make […]

You have questions, we have answers: If I file for bankruptcy, won’t everyone know that I have filed?

Usually not. While a bankruptcy filing is technically public record, it is not easily available information for most people to find. Bankruptcy information is on a court database that is not searchable from websites like Google or Yahoo.

Something To Consider: Financial Spring Cleaning

Spring time cleaning isn’t just for your junk drawers and closets! Here are some key points to consider when you spring clean your finances this year.

Couples and Money

Growing a healthy financial rapport with your significant other is an important, and often overlooked, part of a thriving relationship. As Vicki Cook and Amy Blacklock of Women Who Money state: “Doing the work … will put you on the path to a brighter financial future. It’s so beneficial to understand your money “history” and […]

You have questions, we have answers: What will bankruptcy do about the collection agencies that keep harassing me?

Leave a debt unpaid long enough and chances are you will receive multiple daily reminders of the unpaid balance, late fees, accruing interest and potential legal actions that will be taken against you. It is stressful enough to know that you aren’t able to meet a financial obligation, but add unsavory collections practices to mounting […]

Financial New Year’s Resolutions for 2021

One month into the New Year and hopefully you have used the past few weeks to adopt (and stick to!) some new financial behaviors that are already positively impacting your finances. As Colleen McCreary observes, “This last year taught us how important it is to have a handle on our finances in the event that […]

Looming Rent Crisis?

“According to the most recent Census Household Pulse survey, a staggering 10 million plus households in the United States, nearly one-fourth of the nation’s renters, are behind on rent.” What does this mean for landlords and renters going forward? Irina Ivanova explores the implications.