When you make a commitment, there are few better ways to keep that commitment going than by requiring some serious accountability. You always hear this in relation to a diet. When you start on a diet, if you tell everyone you know, you’re far less likely to break your self-imposed rule system – at least … Read more
Oftentimes, we think of money management strategies in terms of frugality and thriftiness. While practicing these money management techniques in spending is important, it’s also important to keep in mind the importance of value. There are some things you don’t ever want to skimp on, and one of those things is a foreclosure attorney. Why … Read more
Spending sprees can be considered acts of fraud in the Texas bankruptcy courts, and the success of your filing will be made much more difficult with a spending spree on your record. However, spending sprees are just the beginning of the problems you could face in court if you don’t practice smart money management. Avoiding … Read more
Whether you’re in over your head in debt, or you have a clean slate and want to keep it that way, there are a few easy things you can do now to avoid racking up unmanageable credit debt! If you’re serious about avoiding debt, and enjoying the freedom of not having excessive financial burdens, then … Read more
Chapter 13 is a great way for people who are considering bankruptcy to restructure their debts under a government-supervised plan. If you are filing for bankruptcy, consolidating and restructuring your debts under Chapter 13 might be the best financial move you ever make. Unlike Chapter 7, in which your assets are liquidated and all of … Read more
In the first part of this blog series, we laid out a few of the reasons why transparency is important for those who are filing for bankruptcy. Because the court system doesn’t look fondly upon those who hide, alter, or offer false information, it’s important to practice complete transparency. However, those who are serious about … Read more
For many homeowners who are struggling to pay their mortgage, hiring the right foreclosure lawyer is at the top of their priority list. Getting the right foreclosure lawyer is essential, as the outcome of your case is largely dependent upon their competency. Let’s go over a few things you should consider before you hire your … Read more
It should be obvious, but it’s worth harping on the point that you should be extremely careful about your spending habits in the final weeks and months leading up to your hearing in the Texas bankruptcy courts. The courts have a certain term for reckless spending, and it’s not a pretty one: fraud. It’s Easy … Read more
Filing for bankruptcy can be a scary thought for some people. However, the truth is that in many situations, seeking the sanctuary provided by the bankruptcy process is the best thing to do. For a current example, look at Ayanna Kilpatrick, sister of former Detroit Mayor Kwame Kilpatrick. Getting Relief With debts exceeding $345,000 (including … Read more
For homeowners with underwater mortgages, it’s reasonable that anxiety can start to set in. However, don’t let yourself become too upset! You should know that there is hope for someone in your situation: loan modification. What are underwater mortgages? The term “underwater mortgages” describe a home that is worth less than the amount owed on … Read more