COVID-19 has resulted in many households facing economic damage that would have been inconceivable before the pandemic. Many lost their jobs and had to go on unemployment; however, often, even with enhanced benefits, unemployment compensation has not been enough to...
We are well into a New Year, and resolutions to get control of finances are often at the top of most resolution lists and in full motion. This is especially true if you are in financial trouble and contemplating bankruptcy. Whether or not bankruptcy is in your future,...
The passage of the CARES Act last year assisted many homeowners who were experiencing financial hardship due to the pandemic. Guidelines were issued on federally backed mortgages, including Fannie Mae and Freddie Mac, as well as Veterans Affairs (VA) and Federal...
Debt is a sure part of life at some point in life. Even the most frugal person will find themselves owing money to someone at some point. Going to school, buying a house, buying a car, virtually all major adult milestones will require borrowing money unless you hit...
Bankruptcy is not a walk in the park. It’s not easy on your wallet, on your finances, and it’s not easy on you emotionally or mentally. It’s stressful and even devastating and that’s okay. Understanding that this is going to be a burden for you emotionally and...
There is a lot to know before you make a decision about any type of bankruptcy filing. The two most common bankruptcy filings are Chapter 7 and Chapter 13, with Chapter 7 being the option chosen the most.1 The most basic difference between the two types of filings is...
