Foreclosure And Divorce: Why You Need A Competent Attorney
9 February 2016
The process of divorce is extremely difficult; if you and your spouse own a home together that you can no longer afford, the difficulty is multiplied. Some couples opt to just let the house go back to the bank without fighting; they walk away from the mortgage to the detriment of their credit. This can ensure that you can't buy another home for at least seven years. It can also affect your ability to obtain other types of credit, and can even cost you the ability to keep your current job or find a new job.
Learn How To Rebuild Your Credit After Chapter 7 Bankruptcy
9 December 2015
After making the big decision to file for Chapter 7 bankruptcy, you may want to begin looking for ways to rebuild your credit. If you do this shortly after your bankruptcy is complete, you will have a good chance of building your credit score back up in a very short amount of time. There are two things you should know about this.
How Long Will Chapter 7 Affect Your Credit Score?
3 Things You Need To Know About Filing For Chapter 7 Bankruptcy
25 November 2015
It can be quite easy to get into financial trouble - especially in today's tough economy. The good news is you can help reduce your financial burden by filing for chapter 7 bankruptcy. However, this is not a decision that should be taken lightly. Here are three things you need to know about filing for chapter 7 bankruptcy.
1. You must complete credit counseling before you can file.
One important thing to know about filing for chapter 7 bankruptcy is that you must complete credit counseling beforehand.
Should Married Couples File Bankruptcy Jointly?
23 November 2015
Married couples who are in financial distress have the option of filing for bankruptcy jointly or separately. Which option you and your spouse should choose depends largely on your state's laws and your financial situation. To help you and your spouse decide, it is important you know when filing jointly or separately is best.
Should You File Jointly?
When you file jointly, every asset and debt that you and your spouse have become part of the bankruptcy estate.