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bankruptcy lawyerIn 2014, there were 936,795 cases of bankruptcy, a significant drop from the previous year, and a significant increase from the reported filings in 1980. Many people misinterpret the meaning of bankruptcy and associate it with being “broke.” Bankruptcy is meant to shield the filer from creditors while they follow a repayment plan, and comes in many forms that a bankruptcy lawyer can help you understand.

impoundThere may be times in your life when you have trouble paying your bills. Missed days of work due to illness can result in lost wages meaning that you may get behind on your car payments. What happens to your automobile if you get too far behind? 

Reverse MortgagesAdvertisements for reverse mortgage loans are a staple of late night television, direct mailings, and telephone “robocalls.” While such loans can be beneficial to senior citizens when used for paying off debt or as a means of supplemental income in a homeowner’s retirement years, many homeowners do not have a complete understanding of how such loans work and have found themselves in danger of losing their homes at a later time.

low interest loans

What is a Loan? A loan is a sum of borrowed money. Before you take out a loan, it is important for you to have a thorough understanding of how they work. You will be able to save money and make better decisions if you understand how a low interest loan works.

Not only are many people in America struggling to get out of debt, but they are also struggling to make ends meet. It is estimated that one out of four Americans are living paycheck to paycheck. This means that if they were suddenly faced with an emergency expense, they would struggle to pay for it.

Unfortunately for many consumers, it is far too easy to fall into debt. When you have difficulty paying off your credit card debt on time or even at all, it can really take its toll on you both mentally and financially. Fortunately, you have assistance toward becoming debt free in the form of credit card consolidation. However, you will want to be smart when you seek this service. Here are a few debt consolidation traps to avoid.

The Fair Credit Reporting Act requires that Equifax, Transunion and Experian provide you with one free report every year. The report is filled with important information, such as where you live, your payment history and bankruptcy filings. The credit reporting agencies can give this information to insurers, employers and landlords. Here are some 

Credit Report

bankruptcyAre you up to your eyeballs in debt and out of options for solving it? Rest assured that you are not alone. I have been there myself. Two years ago, My wife and I were stressed out to the max. Our income had reduced considerably because we had lost multiple jobs due to downsizing companies and other circumstances. 

debt reliefIt is possible for people to experience financial problems and not be able to meet payment obligations to their lenders. This could have tremendous impact with major items such as homes, cars and more. When an individual gets too far behind in their payments, the lender has a number of options if the debt is secured. A lender can legally repossess items such as a car or home and more.

debt consolidation It’s January and that “Merry Christmas Time” of two weeks ago has suddenly turned into “What Am I Going To Do About My Taxes?” time. If debt consolidation or elimination is on your mind, you’re probably looking forward to that check from Uncle Sam. If you did a little advance planning about a year ago, your main concern now should be what to do with your tax refund check.