Harrisburg’s City Debt on Hold for Bankruptcy Ban
Times have been tough for everyone since the financial crisis nearly five years ago, and inescapable debt has become a fact of life for many people, businesses and even municipalities. Pennsylvania’s...
View ArticleHow Can Using Retail or Gas Cards Help Re-Establish Credit?
After bankruptcy, you may have to use more than one approach to re-establish credit. With any approach, the main thing is making regular payments. You are rebuilding trust with lenders and on time...
View ArticleSecured Credit Cards: An Option for Restoring Credit after Bankruptcy
Whether you are a young person starting out with no credit or are re-establishing credit after bankruptcy, one credit-building option is a secured credit card. A secured credit card requires a deposit...
View ArticleHow Does the Process Work When Claiming a Bankruptcy Exemption?
An exemption is a piece of property that you can hold back during a bankruptcy. Exemptions range from cars to work tools and states have their own list of possible exemptions. When filing bankruptcy,...
View ArticleCan Parties Sue Each Other in a Bankruptcy Case?
Most bankruptcies face few challenges. Your bankruptcy lawyer files the petition on your behalf and you meet with the trustee. The creditors’ meeting is frequently a formality and no creditors may even...
View ArticleDoes Bankruptcy Get Rid of Liens?
There are three basic types of liens and bankruptcy treats each type differently. Consensual lien. When buying a home or car you consent to the lender putting a lien on the property, which serves as...
View ArticleHow Can Bankruptcy Help with an Underwater Mortgage?
As a result of the housing market crash, housing prices dropped in many regions of the United States. An underwater mortgage is a new term coined to describe house values that are less than the home’s...
View ArticleActions that Damage Your Credit Score the Most
Today, people can monitor their credit scores by subscribing to services that provide them with periodic credit reports. People often have a fear of never fixing their credit scores after bankruptcy or...
View ArticleSpecial Rules for Divorce and Bankruptcy
Sometimes financial problems are stress factors that lead to divorce. And, people who decide to divorce often consider bankruptcy as well. So, while divorce and bankruptcy may go hand in hand, it is...
View ArticleDrop in Bankruptcy Filings Signs of Improved Economy
Consumers are considering options outside of bankruptcy for confronting their debt management problems. According to the American Bankruptcy Institute, the number of bankruptcies filed nationally...
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