Blog: September 2015


A foreclosed home is put up for sale when the previous homeowner isn't able to stay on track with timely payments. In most cases, the bank holding the mortgage will work with the homeowner to help them avoid losing their home. It's only when the homeowner doesn't make payments that the bank will decide foreclosure is the only option.

Reasons for Foreclosure

There are many reasons why a homeowner might miss their mortgage or loan payment. The homeowner could have lost his/her job, run into medical problems, or not budgeting properly, so that they can't afford to make the necessary payments. While there could be various reasons a homeowner misses mortgage payments, the only reason for foreclosure occurs when the loan is not being paid off. In a foreclosure, the bank or lending company will force the owner out of the home, so that it can be sold to help cover the bank’s costs.

Student LoansHow to Forgive and Forget Your Student Loans Forever 

Pervasive economic recession, rising tuition costs, and a tight job market have converged to prompt unprecedented student loan default rates. Many recent graduates are caught in a cruel financial Catch-22 of being unable to find suitable employment, which can make it difficult or even impossible to start paying back student loans on time. Meanwhile, these graduates’ credit ratings rapidly go to ruin, thereby posing an even greater barrier to buying a home or achieving financial stability.

Given these difficult conditions, it is no wonder why a growing number of college grads want to learn more about student debt forgiveness. So we’ve created a basic guide for getting out from under crushing educational debt.

Debt ReliefWhat to Bring for Your Initial Consultation With A Bankruptcy Lawyer


Recent recessionary times have prompted a growing number of Americans to seek permanent debt relief through court-ordered bankruptcy protection. While panic and desperation may be perfectly normal amid such acute crises, it is most important to keep a level head when external circumstances grow hectic.

Toward those ends, a checklist of items to bring to your first consultation with a bankruptcy attorney is provided below.

Chapter 7 Bankruptcy, Chapter 13 Bankruptcy What You Need to Know about Your Meeting of Creditors

If you are facing overwhelming financial problems, a Chapter 7 bankruptcy or Chapter 13 bankruptcy offers you and your family a way to reorganize your finances so you can get back on track. 

Everyone in America has the right to file for bankruptcy. This is a legal option that offers debt relief and for people who have accrued more debt than they can pay for or have had unfortunate events like unemployment or illness that has limited their ability to make their regular monthly payments. 

Chapter 7 Bankruptcy If you or a loved one is living under the stress of being in debt, this takes a real toll on your health and your well-being. The bright side of the situation is that qualifying consumers can file for bankruptcy protection to help them reorganize their finances and get back on their feet again. Here are some things you may not have known about filing bankruptcy:

Reduce Monthly Payments

A Chapter 13 bankruptcy filing allows consumers to keep many of their assets and cut their monthly payments by reorganizing their debt.