If you have recently filed for bankruptcy, you may think that you cannot get a new car for 7 to 10 years. This is not the case! You should know that you do not have to wait until the bankruptcy is cleared from your credit report to purchase a car. However, you will not want […]
Cost is often a concern when considering retaining an attorney for legal services. Most people are looking to spend the least when hiring a lawyer. If you come across an attorney with pricing that is too good to be true, you will want to dig deeper before moving forward. Are you concerned about the cost […]
How do credit scores work? Currently, your credit score is primarily based on your payment history. However, in 2019, a new scoring system will begin to take new information into account. This will potentially mean big increases to your credit score. What new information will be considered? The new scoring system is called UltraFICO. UltraFICO will […]
What is Chapter 7 Bankruptcy? A Chapter 7 bankruptcy is the most common form of bankruptcy. You do not need to enter a repayment plan under Chapter 7. Instead, any non-exempt property will be sold by the trustee to repay your creditors. This process is handled under the supervision of the court and in line […]
Our office has had many clients come in with lawsuits from Midland Funding which resulted in garnished wages. What you need to know about Midland Funding is that they are a debt buyer. Debt buyers like Midland Funding purchase delinquent debts from credit card companies or banks to collect money on debts they purchased in […]
If you are thinking about hiring a debt settlement company, there are important things that you need to consider. First, you will want to understand how debt settlement works. What is debt settlement? Debt settlement is a process where you and your creditors work together to settle a delinquent amount. You can do this on […]
You may not know the difference between a secured debt or an unsecured debt. Knowing the difference between these debts is more important than you think. Understanding these differences are important to help you to prioritize paying off your debts, borrow money, and/or ensure that any assets tied to your debts will not be taken […]
Facing financial trouble can be difficult and stressful. This is even more difficult when you are facing foreclosure. However, while the thought of filing for bankruptcy may be scary, it actually gives you more protections than continuing to struggle or losing your home. Here is a list of pros to consider about filing for Chapter […]
Do you feel like your credit score is holding you back? Bad credit can make it difficult to get approved for a loan. It can also be the reason why your loan’s terms are less than desirable. Your financial difficulties should not hold you back from taking steps to improve your credit. Here are some […]
Are being sued for a debt from an unknown company? Then, chances are your debt was sold to a debt buyer. In fact, most people do not take the time to find out who is suing them. Or even respond to the lawsuit, because they do not think it is real. So, is it a […]
