Many people are unaware of the rules that surround the bankruptcy filing process. For example, in order to qualify for Chapter 7 a filer must pass the means test, which essentially compares their income level to the median...
One of the main appeals for many consumers filing for bankruptcy is the ability to manage mortgage debts and prevent a foreclosure. While this may be possible for most filers, there are some aspects of mortgage debt to...
A short sale can be a good foreclosure alternative for those who have the time and financial means to wait out the process. While many people find the process to be complex, there are a few standard procedures for sellers in...
As the 2011 year comes to a close, many are wondering whether 2012 will be a better year for mortgages and foreclosure rates. While nothing is certain in this turbulent economy, recent predictions released be TransUnion are...
Although the state of the economy is not showing major signs of improvement for 2012, that doesn’t mean we can’t improve our own financial lives for the New Year. With bankruptcy filings and foreclosures...
