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Written by ARAcontent
For many American households, extraneous spending and poor money management combined with an unforeseen event, such as a job layoff, a health crisis, divorce or a death in the family, has resulted in the perfect cocktail for financial disaster. In fact, a recent survey by FindLaw.com, the world’s leading online source [...]
Kevin M asked:
I attempted to file Chapter 7 today but because of the new bankruptcy laws it seems that I make too much money to file. I was offered Chapter 13 but really despite the law that says I make too much…I really don’t have any extra funds to pay. I [...]
come_on_kiss_the_gun asked:
I was just wondering what is the difference between Chapter 7, 10 & 13 bankruptcies. How did the new law that Bush passed now affect bankruptcies (or does it at all)? I’ve heard everything that you can’t file for Chapter 13 bankruptcy anymore to you have to take financial planning [...]
By Gary Gresham
Debt consolidation versus debt negotiation are two options that are available to you if you need debt assistance. When your monthly bills become too much for you to handle, it makes sense to use debt consolidation or debt negotiation for solving debt and credit problems.
Debt Consolidation
Debt consolidation services have prearranged debt repayment [...]
By Paul Hockney
If you have serious debts and are unable to pay your bills, one of your options is to go bankrupt. It’s only advisable to file for bankruptcy debt relief if you have a substantial amount of debt, or debt that will take you an unreasonable amount of time to pay off. [...]
By Chad R Fisher
Knowing the facts will help save you from many financial problems and probably give you much more peace of mind. Please read on to find out the ” 10 tips to avoid bankruptcy.”
The first tip is of course to have a budget. This first tip is fairly self-evident to most people. [...]
By Elizabeth Hester
President Barack Obama offered $75 billion of relief yesterday to homeowners facing foreclosure. He also gave bankers a reprieve.
Some lenders, including New York-based JPMorgan Chase & Co., have worried that proposed “cramdown” legislation giving judges the power to modify mortgages of those who file for bankruptcy would increase the number of filings. [...]
By Vishal Verma
Bankruptcy is often viewed as the easy way out of debt, but there can be severe emotional and long-term financial consequences. Debt settlement program is designed for consumers so that it can reduce both the emotional and financial stress that they face by, in most instances, negotiating the amount they owe down [...]
By Gen Wright
Are you buried under mounting debts and you are worrying yourself sick over how to repay those debts? If you find yourself in such a position, perhaps it’s time to find some help. But before doing that, let’s take a step back and look at how your manage to get yourself into [...]
By Simon Volkov
Every bankruptcy alternative should be explored prior to filing personal bankruptcy. Although bankruptcy protection can halt creditor collections and stop foreclosure proceedings, debtors unable to adhere to their repayment plan can fail out of bankruptcy and lose everything. Filing any chapter has long-lasting and detrimental effects and will remain on your credit [...]
