One reason people file for bankruptcy is that they struggle to make their home mortgage payments. However, there are several strategies that a homeowner can employ to try to make their monthly bills more manageable before having to look to bankruptcy as an option. Refinancing a home mortgage is one such option. Here are some reasons a homeowner may consider a home refinance and how it will help avoid bankruptcy.
One of the most distressing aspects of being in financial difficulty is having to endure harassing calls from creditors and collection agencies. On November 30, 2021, that harassment may have been increased, thanks to new legislation.
Getting into financial distress doesn't happen overnight. A series of smaller events add up to the need to file for bankruptcy, so understanding your day-to-day expenditures is vital in staying on a safe financial path.
The CAA was enacted in 2021 in response to the ongoing COVID-19 crisis. Among its many provisions, it addressed the needs of corporate tenants and landlords due to financial hardship related to the pandemic.
When facing a financial crisis, any legal avenue to relief is something to be considered. Those who find themselves in dire straits often feel that they have to choose between one of two options: debt consolidation and bankruptcy.
The decision to file personal bankruptcy can inspire a lot of questions about your finances. While a fresh start may be necessary, will the process divest you of your savings and retirement accounts?
A tenant may be evicted for several different reasons, including non-payment of rent or violating one of the terms of the lease. However, if you are in danger of eviction, there may be an avenue for you to delay the eviction - or avoid it altogether. Today, we'll discuss how Florida evictions work, what you can do to protect yourself, and how bankruptcy may come into play.
The possibility of falling into a financial crisis exists for everyone. Events such as the death of the family breadwinner, a serious illness, or even loss due to a hurricane can quickly become financially life-altering. While these situations are often unavoidable, many people still feel embarrassed or ashamed when going through bankruptcy. But can there be ethical issues tied to bankruptcy as well?
For those who receive Social Security benefits (SS), or Social Security Disability Insurance benefits (SSDI), it is essential to understand how these benefits will be affected by your bankruptcy filing.
If you are going through bankruptcy, you will be asked to attend a 341 meeting, also known as a meeting of creditors. Here's what to expect...