If you are between the ages of 40 and 55, there is a good chance you have acquired substantial debt. In fact, according to reporting from CNBC, the average Gen Xer currently owes roughly $186,000. Even if you have a good job and earn a decent wage, paying off your...
After falling behind on home loan payments, it could take several months until your lender begins the foreclosure process. As noted by GoBankingRates.com, you may skip four payments and keep your property if you can then get caught up. Before missing the fourth...
If you are like most filers, you filed for bankruptcy to relieve yourself of overwhelming debt. You also likely carefully considered each of your debt relief options before concluding that bankruptcy was your only hope for financial relief. Though you may not regret...
Under Florida’s equitable distribution laws, divorcing spouses divide their assets and liabilities fairly. Brides.com notes that courts in an equitable distribution state may order the spouse who benefitted most from a debt to take responsibility for it. If you and...
Filing Chapter 7 bankruptcy allows you to discharge many of your debts. However, many people struggle with how to rebuild their credit following a bankruptcy case. While you may have to wait to apply for credit cards again, you can begin to rebuild your credit and may...
