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What is lien-stripping and how does it work?

May 19, 2020

Many homeowners have more than one mortgage or lien on their property. In some cases, given the fluctuating values of real estate, homeowners can owe more than their home is worth. This is especially the…

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How the automatic stay in bankruptcy proceedings can help a filer get back on track

May 15, 2020

The automatic stay is one of the benefits to filing for bankruptcy. When someone files for bankruptcy, the court orders a stay on all attempts to collect debts from the filer. In part, the reason…

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The steps for filing for a Chapter 13 bankruptcy

May 7, 2020

Filing for bankruptcy is not something that anyone should take lightly. The process is quite intensive. Chapter 13 bankruptcy is especially complex, because under this type of bankruptcy a filer will be required to pay…

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How secured credit cards can help you build your credit

May 7, 2020

In the personal finance world, the words “credit card” often carry a negative connotation. Indeed, credit card debt is one of the top-cited reasons why people file for bankruptcy. Still, credit cards can actually be…

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Limelight Liquidation: 5 Shocking Celebrity Bankruptcies

Limelight Liquidation: 5 Shocking Celebrity Bankruptcies

From commercials to movie cameos to the many perks of fame, celebrities have no shortage of opportunities to make and keep money, yet many manage to go broke anyway. Dozens of stars have fallen from…

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The Basics of Chapter 13 Bankruptcy

Many people are unaware that there are multiple forms of bankruptcy. Most people are very familiar with Chapter 7 bankruptcy, but with Chapter 7 bankruptcy, you have to liquidate your assets and lose your property…

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