Why Bankruptcy May be Your Best Option
For many people, bankruptcy is a final option; one they would never consider unless they ran out of every other possible idea on getting out of debt. They will let their house go into foreclosure, let their credit cards compound interest for months and even drain their retirement accounts trying to stay afloat. It always […]
Tionne “T-Boz” Watkins files for Bankruptcy…Again
Some celebrities just can’t get it right; some can’t hold on to a movie role, others can’t clean up their act and some have more financial troubles now than they did before they were famous. Tionne “T-Boz” Watkins of the female singing group TLC unfortunately falls under the financial category. Watkins is now filing for […]
Is Bankruptcy Better than a Short Sale?
Due to the sharp decline in Real Estate and the current unstable economy, many people are turning to short sales to solve their financial problems. For many people who have lost their job, or have found a job opportunity elsewhere, selling their house becomes a major priority. It may be that they only have enough […]
How Filing for Bankruptcy Can Lighten Foreclosure Woes
A spike in default notices from July to August signals a housing market in crisis as a greater number of foreclosures loom on the horizon. According to a recent study conducted by RealtyTrac Inc., a foreclosure listing firm, banks have initiated a new wave of foreclosures and mortgage defaults in order to wipe clean their […]
Filing For Bankruptcy To Save Your Home
If you are currently in the foreclosure process regarding your home, you may have thought about filing for bankruptcy. Most individuals know that if your home is in foreclosure, bankruptcy is a good option to rid yourself or re-organize your debts completely. But did you know that through filing personal bankruptcy, it may even be […]