Latest on the Bankruptcy Blog

There are some problems that can be associated with using a credit card that offer alluring incentives like cash-back rewards or free airline miles.  These benefits can be very enticing and used well to help bolster your credit, but they can also be problematic if not managed properly.  Proper management is the key to financial  … Read more

Tax debt can be a scary thing.  It can’t be discharged with bankruptcy, and it can be attached to some very serious – very real – punishments.  You want to make sure you avoid tax debt, right?  Doing so might be easier than you think. Start Now Avoiding tax debt is easiest when you start  … Read more

Who needs a mortgage?  While the path of a 15- or 30-year mortgage is the best option for most would-be homeowners, the idea that every homebuyer has to have a mortgage is simply a myth. How to Not Pay a Mortgage Here’s the deal: if you want to own a home without the burden of  … Read more

For many who have recently turned 18, the world is now full of opportunities that weren’t there before.  But instead of buying lottery tickets or nonessentials, why not take advantage of the credit that is now available to you?  Using credit responsibly at your age can build good practices now that will keep you away  … Read more

Do you want to help your family through thick and thin and give friends a hand?  Great!  Are you thinking about cosigning on your good friend or family member’s loans?  You may want to think twice about doing so, so that you can protect your personal finances to the best of your ability. Why It’s  … Read more

Credit isn’t all bad.  In fact, it’s a necessary part of life these days for anyone who wants to be able to function well in today’s economy.  If you want to buy a house, chances are you’ll need credit.  If you want to get a decent rate on that car loan, you’re going to have  … Read more

There’s a common misconception about what constitutes money management.  Oftentimes, if you ask someone what makes for good money management skills, you’ll hear a laundry list of a reply, including phrases like: budgeting, controlled expenses, eliminating debt, saving, investing, living within your means, and more.  But, most people fail to take into account the huge  … Read more

Are you wondering what refinancing is?  Would you benefit from it?  What about loan modification?  These questions are just a few of the big ones that nearly every homeowner must face in this economy.  Refinancing can be a great option to consider if your mortgage is starting to feel just a little too burdensome and  … Read more

If you are like many Texans today, you might be suffering from financial problems that have you concerned about what the next year holds.  For many, the right choice may be getting involved with Texas bankruptcy courts so that they can help build a solid financial future with a clean slate. However, some may want  … Read more

As the housing market continues to put more pressure on homeowners, many are finding themselves more vulnerable to scams than they might ordinarily be.  Unfortunately, a group of young men in California recently took advantage of this vulnerability with a loan modification scam. How It Works The men of Mission Viejo, California sent out letters  … Read more