Are you concerned about the amount of your debt? You may be wondering what the best options are for managing your debt. You could do nothing, but your debt will continue to grow. You may even end up with lawsuits and judgments against you. So, what are your other options? Borrow Money Be VERY careful [...]
As this year comes to a close, we are taking time to reflect on the year’s successes and setbacks. This year has brought on incredible changes to our daily lives and our finances. Do you feel like this year has negatively impacted your finances and credit score? You are not alone! Benefits of a Good [...]
If you are like most Americans, the stimulus payments that you received have either already been spent or will be running out soon. In fact, according to the NY Times, the stimulus money received has left "many low-income Americans find their savings dwindling or even depleted." The JPMorgan Chase Institute, also explained that this occurred [...]
Never mind the shipping delays and lower stock options this holiday season...you have the option to greatly reduce or eliminate your debt entirely! Isn't that a much better gift this holiday season? Here's What You Need to Know About Bankruptcy Bankruptcy can provide a plan to repay your creditors or completely eliminate some or all [...]
When filing for bankruptcy, you may worry about what will happen to your assets. What you may not consider is what will happen to your artistic works and royalties. Artistic works fall under intellectual property (IP) and can include things such as composed songs, films, or literary works. Artistic Works in Bankruptcy If you have [...]
Facing debt is difficult. However, facing difficult financial times and losing your job due to forced vaccination requirements is even more stressful. If you are concerned about being able to pay your bills due to losing your job, you have options! So, What Are My Options? You have the option of speaking with your creditors [...]
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? [...]
For many people who had difficulties making mortgage payments due to the pandemic, forbearance options were available. However, what happens to your home when forbearance ends and you still need help? My Mortgage Forbearance Ended, Now What? For most loans, your mortgage servicer will offer payment plans to cover the missed payments. However, some servicers may [...]
Are you being contacted by a debt collector? Did you know that debt collectors are legally required to send you a letter validating what the debt is and how much you owe? Here's what you need to know about a debt validation letter: What Do I Do First? First, do not send any money to [...]
Considering bankruptcy or getting ready to file one? If so, you may not know how a reaffirmation agreement can help you. Deciding to sign a reaffirmation agreement is something that you should discuss with your attorney. However, you will need to know the pros and cons to signing a reaffirmation agreement. Here's what you need [...]
