Filing for bankruptcy can make you feel like you’ve hit rock bottom, especially when you hear how long a bankruptcy remains on your credit record – but don’t let your emotions take over. Here’s the reality: If you filed bankruptcy because you were overextended on your...
Month: April 2024
What is a deed in lieu of foreclosure?
No one wants to lose their home to foreclosure – and lenders would prefer not to take that step either. Fortunately, there are a number of potential options to consider if you’re not able to keep up with your mortgage payments. Refinancing or a loan modification may...
Mistakes to avoid when filing for Chapter 7 bankruptcy
Filing for bankruptcy gives you a chance to obtain relief from overwhelming debt and make a fresh financial start. It's an opportunity to reorganize your finances and work towards a more stable future. However, when you’re applying for Chapter 7 bankruptcy, know that...