Category Archives: Bankruptcy

12 myths about bankruptcy

Posted on December 7, 2011 by

Will you lose your house and retirement savings? When will you be able to borrow money again? Get the facts on these questions and more.

Like most big, bad scary things, bankruptcy has a reputation based on a few tidbits of truth and a lot of embellishment. And like most creepy crawlies, it’s not nearly as frightening once you know the truth.
Continue reading →

Posted in Bankruptcy, Credit, Credit Cards, Debt Issues, Money | Leave a comment

New 2010 Credit Card Bankruptcy Law

Posted on January 13, 2011 by

New credit card bankruptcy law came into force in 2010 to make it more difficult to remove certain types of debt through the bankruptcy process, especially with middle and high income. But in some cases, they also help consumers to repay their debts faster, saving on interest payments. New 2010 credit card bankruptcy law is designed to give consumers incentives to manage their debt prudently and punish violations of the bankruptcy system before.

Continue reading →

Posted in Bankruptcy, New Laws | Leave a comment

10 Secrets of Filing for Bankruptcy

Posted on September 30, 2010 by

Worried you’re going to be left living in a cardboard box? If you know what to expect, you can avoid much of the pain — and embarrassment — of bankruptcy. Continue reading →

Posted in Bankruptcy | 1 Comment

Your 5-minute guide to bankruptcy

Posted on September 17, 2010 by

Here are tips for limiting the damage before, during and after your filing. By MSN Money staff Overwhelmed by debt? Bankruptcy is the means of last resort to rebuilding your financial well-being. Before you make the decision to file for … Continue reading →

Posted in Bank Loans, Bankruptcy, Credit, Credit Cards, Debt Collection, Debt Issues | Tagged , , , , , , | Leave a comment

Help for on the brink homeowners

Posted on September 17, 2010 by

The federal government plans to spend $75 billion to pull millions of homeowners back from the brink of foreclosure. The Making Home Affordable plan has two parts aimed directly at consumers: Refinancing help for up to 5 million homeowners who … Continue reading →

Posted in Bank Loans, Bankruptcy, Credit, Credit Cards, Debt Collection, Debt Issues, Money | Tagged , , , , , , , | Leave a comment