Filing for bankruptcy can feel overwhelming, especially if you have children at home. As a parent, it’s natural to worry about how this decision might affect them. The good news is that bankruptcy is designed to help families rebuild their finances, and it usually has...
Month: January 2025
How fast can a lender foreclose?
If you miss a single mortgage payment, you are technically in violation of your loan terms and considered to be in default. However, this doesn’t mean you need to worry about your lender immediately foreclosing on your house. Lenders generally don’t start the...
Practice wise financial planning after a personal bankruptcy
Once you get out from under crippling debt, the last thing you want is to find yourself struggling again. Proper financial planning in the wake of a Chapter 7 or 13 bankruptcy can make all the difference in your future economic health. Here are some financial planning...