Did you know that the Federal Reserve Bank of NY's recent report shows that Americans' total household debt has increased? In fact, the "total debt balance is now $1.1 trillion higher than at the end of 2019." Don't rely on credit cards or loans to get by, you have options! So, What Are My Options? [...]
Myth: Bankruptcy will prevent you from buying a house or car again. The truth is that you will be able to make major purchases like buying a house or car. In fact, your credit score is often better once you rebuild it after bankruptcy. Bankruptcy is often the best alternative to continuing to be behind [...]
Have you fallen behind on your car loan payments? You are not alone. Did you know that there are options to help you get back on track? What Happens if I Stop Making Payments? Typically, when you fall 30 days or more behind on payments, you will be notified by your lender. The notifications will [...]
Are you having trouble paying your bills due to a high-interest car loan? You are not alone. In fact, auto loans make up $1.30 trillion of the total household debt. There are very high interest rate loans out there, some as long as 7 year loans. Moreover, about 33% of the people are behind on [...]
\Are you considering taking out a loan for a new vehicle? Buying a car can be difficult if you have no credit, bad credit, or do not have enough cash on hand. So, hearing about auto loans with too good to be true perks may be a tempting option. However, there are traps that you will want to avoid.
Most of us rely on our vehicles as our main form of transportation to work, school, and other obligations. This is especially true of those of us living in Southern California. For this reason, we receive a lot of questions about if it is possible to keep a vehicle when filing for bankruptcy.
