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22 Feb, 2022
Reaves & Lee

Second Mortgages and Bankruptcy

It is not uncommon for people who have fallen into financial troubles to take out a second mortgage on their home. Taking out a second mortgage on the home is not uncommon for people who find themselves in financial...

5 Feb, 2022
Reaves & Lee

Debt Consolidation vs Forgiveness

Debt consolidation involves combining several high-interest debts into one low-interest loan. This can result in lower monthly payments, simplified monthly payments, and a reduction in interest. A personal loan or a home...

27 Jan, 2022
Reaves & Lee

Deleting Debt Through Bankruptcy

A debt discharge in bankruptcy is the legal release of a person from most of the debts they owe. A discharge in bankruptcy is granted to a person who has filed for bankruptcy protection and has been found to be eligible. A...

11 Jan, 2022
Reaves & Lee

Bankruptcy Misconceptions

The word bankruptcy often brings feelings of fear and thoughts of failure. Many people assume that the bankruptcy process is simply a punishment for struggling with finances. Fortunately, that is a lie. The truth is, most...