Last week marked the first day of Fall, which means that we are headed towards one of the favorite times of the year; the holiday season. While many people anticipate the holidays for family gatherings and gift giving, less than one-third of us will anticipate the money to be spent during this time. Rather than … Read more
A Change In Bankruptcy Trends Over the years, bankruptcy statistics have shown to be quite variable. A decrease in filings was observed following the change in bankruptcy laws in 2005, but began inching back up again since the recession. Interestingly, bankruptcy filings have been considerably lower this year than in the past few years, indicating … Read more
After all of the trouble in the mortgage industry, one aspect continues to worsen an already bad situation; mortgage debt scams. Many homeowners have suffered enough under the pressure of an impending foreclosure and many more have become victim to mortgage relief scams, leaving them out of money and out of home. However, perpetrators of … Read more
The worst part about debt is the stress and anxiety of the process, especially the harassment of debt collectors. Luckily, the worst part about debt is one of the best parts of the Dallas bankruptcy process; the automatic stay. Even if you don’t decide to choose bankruptcy, you can still protect yourself against creditors. Fair … Read more
When it comes to dealing with creditors we tend to dodge phone calls rather than make them. If you are considering debt negotiation, you would be better served being the aggressor when it comes to making calls and discussing your account. What Is In A Good Call? When you contact a creditor to discuss your … Read more
The thought of having to go through a bankruptcy can be quite overwhelming. Filing for bankruptcy can also be beneficial and the best option to pull out of a bad financial situation. If you are debating whether to file bankruptcy, here are a few tips on when bankruptcy should seriously be considered. The Right Thing … Read more
It was bound to happen sooner or later; customers would suffer at the hands of the American Airlines bankruptcy case. Over the weekend, many flights were cancelled or delayed as the result of, what some are saying, a staged “sickout”. Tension Rises After heated negotiations between American and the pilots unions in recent weeks, the … Read more
These days, both borrowers and lenders are looking more towards short sales as a foreclosure alternative. With close to 40,000 short sales already completed this year through Fannie Mae, the Federal Housing Finance Agency is announcing new rules to help streamline the process. Efficiency Is Key The new guidelines for Fannie and Freddie are designed … Read more
These days all of us struggle with some aspect of our financial lives. Whether it’s carrying too much debt, not saving enough or spending sprees, we all could use a little help managing our money better. Luckily, technology has provided us with a few ways to make money management easier than ever. Go Electronic Gone … Read more
Since the change to bankruptcy laws in 2005, there has been attention over the growing number of people defaulting on student loan debt payments. It is generally held that these debts no longer qualify for bankruptcy, but there are some exceptions to rule. Special Circumstances The law does still allow for some student loan debts … Read more