Have you been notified that your account is going to be charged off? You may not be sure what to do next. Here is what you need to know: What is a Charged Off Debt? According to Experian, a charge-off is a negative item that can appear on your credit report. It indicates that "a [...]
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If you are in financial trouble and considering bankruptcy, you will want to discuss your situation in detail with a qualified bankruptcy attorney. This is especially true if you are receiving child support or receiving child support. Receiving Child Support You will need to speak with your attorney in detail about how these payments will be viewed [...]
If you are worried about your credit score in 2021, you are not alone. Many people have been struggling due to COVID-19 and their finances and debt are taking a hit. Here's what you need to know: What is a Credit Score & Why is it Important? This is a very important number to know. [...]
Are you considering filing for Chapter 7 Bankruptcy, but worried about what will happen to your business? Will your means of making a living be protected? Here's what you need to know: Sole Proprietor When you are a sole proprietor, your business and you will be treated as one. You are able to discharge the [...]
Do you have a cosigner on a loan? Cosigning is a common way to help someone with less than perfect credit. People cosign for different types of loans (car, mortgage, or student loan). But, did you know that when you cosign on a debt, you are equally liable for all payments? You become responsible for [...]
Are you behind on your mortgage? Do you or someone you know needs help stopping a foreclosure? Do not give up hope! According to the Consumer Financial Protection Bureau (CFPB), there are added protections against foreclosure in place through the end of this year. Here’s what you need to know: So, What Kind of Help [...]
Are you dealing with the stress of debt? Perhaps you are wondering why you are still being conducted by creditors for an old debt. Are you aware that there is a statute of limitations for how long you can be contacted? So, what is a statute of limitations? What is a Statute of Limitations? A [...]
Are you struggling with debt? Curious about bankruptcy and how it can help you achieve your financial fresh start? Speaking with a bankruptcy attorney is your first step to understanding what options will work best for your situation. How Does It Work? Good news! Most attorneys offer free consultations. Be prepared to answer questions about [...]
Do you have a pending or existing garnishment? If so, you may be worried about your Child Tax Credit being garnished too. Here is what you need to know: What is the Child Tax Credit? The Child Tax Credit was created in 1997, but new changes to the existing credit will provide advance payments starting [...]
Are you considering bankruptcy? Filing for bankruptcy can be your best bet for a financial fresh start. Do you receive Social Security payments? If so, you need to know if your social security payments will influence your bankruptcy. So, what should you do first? Meet with an Attorney Most bankruptcy attorneys offer free consultations. Our [...]