Archive for May 25th, 2011

What is Chapter 13 Bankruptcy?

Chapter 13 Bankruptcy Chapter 13 bankruptcy is most appropriate when debtors want to catch up on overdue mortgage or car payments.  Chapter 13 bankruptcy allows the debtor to repay their arrears over the course of 3-5 years, depending on their household income. Although creditors might object to the plan, the court has the final ruling in these cases.  If [...]

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Recent Articles on Debt Management

The 5 Biggest Money Mistakes You Can Easily Avoid I’ve made a lot of money mistakes in my life, but here are five easy fixes to avoid some of the largest financial pitfalls. 1. Not having a simple budget There is no excuse today to not have at least a basic budget. Free services like [...]

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Recent Articles Regarding Foreclosures

Study: Bankruptcy Considered or Filed by One in Eight Americans …Fear of foreclosure: Even those with good health and steady jobs may find themselves unable to keep up with their mortgage, and some families opt to file for bankruptcy in hopes of fending off mortgage foreclosure. Considering the many factors that can contribute to a [...]

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