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14 May, 2012
Reaves & Lee

Can’t Afford Bankruptcy?

If someone was to ask if whether or not you could afford to file bankruptcy, you might think it was a trick question. After all, bankruptcy is a tool for those who are financially insolvent and can’t afford to resolve their...

14 May, 2012
Reaves & Lee

Multiple Mortgage Considerations

In today’s economy, many people are considering second or third mortgages on their home. This can be risky and generally not advised for anyone who intends to use the money from the additional loans to float the payments on...

14 May, 2012
Reaves & Lee

The Chapter 13 Timeline

People often wonder why a Chapter 13 bankruptcy takes longer than a Chapter 7. Typically, a person filing for Chapter 7 can receive a debt discharge within 6 months; whereas a person in Chapter 13 may take up to five years...

11 May, 2012
Reaves & Lee

The Right And Wrong Credit Cards

Credit card offers come by the hundreds and it seems as though our mailboxes are always stocked with at least one offer per week. While many people find preapproved credit cards as a sign of their good credit standing, it...