There are a few ways to lower your monthly mortgage payment. If you have suffered an unexpected event that is causing your money to be tight, you may be looking for ways to reduce your monthly expenses. Before you default on your payments or file for bankruptcy, consider contacting your lender to discuss measures to … Read more
The economic struggles we are facing as a nation continue to wreak havoc, even among the entertainment industry. Two Dallas teams, the Dallas Stars and Texas Rangers, filed bankruptcy protection in the last year. Teams from all over the United States are seeking to protect the team assets and stay in operation to entertain fans. … Read more
Estimating Monthly Costs Buying your first home can be a challenging experience. One of the most important things is to know how to properly estimate your financial obligations. That way, you get the most out of your mortgage. So how can a first time buyer know what to expect in payments and exactly where that … Read more
When filing for bankruptcy protection there are many factors that can influence the outcome of your case. There are different types of debts that may or may not be eligible for discharge through bankruptcy. The type of account the debt is tied to may also play a role in the outcome of your bankruptcy case. … Read more
Times are tough for college graduates. The job market isn’t offering what was once promised as a reward for gaining an education. Many students are graduating only to find themselves deep in debt with student loans and very little income to repay these loans. Even worse is the lack of options available for debt relief … Read more
As two of the largest financial institutions have announced their exit from the reverse mortgage industry, MetLife has surged ahead to claim the #1 spot. Last week, Bank of America and Wells Fargo declared they will no longer be offering reverse mortgages. Claiming that “unpredictable home values” have made the reverse mortgage business too risky, … Read more
Many of us qualify for the homestead tax exemption, which provides protection of the value of one’s home from property taxes and creditors. This exemption allows for some portion of your home’s value to be exempt from taxation, saving you money when paying property taxes. It can also protect your home from a forced sale … Read more
They say everything is bigger in Texas and, now, so is the economy. Texas became the second largest economy in the nation, pushing New York down in rank. Second to California, Texas has become one of the fastest growing economies over the last decade. Texas has also claimed the title for having one of the … Read more
When it comes to taking out a loan, you should know they are not all the same. Different types of loans each have their own benefits and risks. If you get into financial trouble and cannot repay your loans, you may risk losing your property. Not all loans are eligible to be discharged bankruptcy, and … Read more
Filing for bankruptcy can often be a daunting task. Preparation and organization are crucial during the bankruptcy process. There are many financial aspects that must be carefully reviewed and documented before you can complete your bankruptcy case. Throughout the bankruptcy process, you will be required to complete several steps and file many pieces of important … Read more