Latest on the Bankruptcy Blog

The heirs of Anna Nicole Smith are continuing their fight to obtain half of the estate from the late model’s deceased husband.  Oil tycoon,  J.  Howard Marshall married Smith in 1994 and it has been said he verbally promised her half of his estate before passing only 14 months after they married. The controversial marriage  … Read more

When homeowners find themselves in over their head when it comes to the matter of paying off their mortgage, the first thing most people try is contacting the lender.  Often, with the right amount of negotiation, you can get the bank to either temporarily or permanently lower the interest rates you pay on your mortgage  … Read more

Let’s be honest—much of America is in the financial tanks because of poor financial planning. When you look at your finances, what do you see? A house payment?  A car? Dusty, old college debt?  Our collective financial struggle is the product of excess and fiscal imprudence. Before you consider big refinancing options, like your mortgage  … Read more

After filing for bankruptcy last year, Blockbuster has been able to be salvaged thanks to a buyout from Dish Network Corp.  The main incentive for Dish Network was obvious, to offer retail stores that sells their products as well. Dish Network has been looking for ways to compete with other internet streaming services and movie  … Read more

You have a 30 year, fixed interest mortgage. Your job is secure, income steady and you are effortlessly paying on an auto loan. Regardless, the purse strings continue to be tight as managing expenses related to raising a family only keep rising. Is mortgage refinancing an option? A question of priorities It should be said  … Read more

The number one complaint received by the Federal Trade Commission (FTC) is about unfair and abusive debt collection practices. For those experiencing tough times or considering bankruptcy, collection efforts can become overwhelming. Many debt collectors will call multiple times a day, come to your house or job and even threaten you with legal action in  … Read more

You may have heard advertisements for companies that can settle your debt for “pennies on the dollar”. Others claim they can eliminate all of your debt without consequence. Needing financial help is a matter you don’t want to handle lightly. With so many different debt settlement companies out there, there are a few things you  … Read more

For years you have been carrying credit card debt and strapped with a car payment. But you finally ‘made it,’ and all the once faraway promises of your chosen career are beginning to come true. Is being a fiscally responsible person your whole life, the first imperative of your newly liberated financial agenda? Pay off  … Read more

Many of us try to stay in touch with our credit score. For those that have had financial troubles in the past, monitoring your Debt To Income Ratio One of the most overlooked aspects of your credit standing is the amount of debt you are carrying in relation to the amount of income you have.  … Read more

Many homeowners are understandably frightened by debt in the current unstable economy.  Thousands of people across the country have lost their homes through foreclosure. With a threat so real, many homeowners are taking the opportunity to refinance with the hopes of paying off their mortgage loan sooner.  However, considering that interest rates are currently at  … Read more