Vast numbers of people filing for bankruptcy for the second, third or even fourth time has prompted major changes to the Federal bankruptcy code. The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 was signed by President Bush in 2005, and requires that all filers complete financial education classes in an effort to prevent those people from becoming repeat filers. Two different classes must be completed: one prior to filing and one before your bankruptcy becomes final.…Read More »
Will Chapter 13 Bankruptcy Work for You?
If your home is unaffordable, selling the home seems like an obvious solution. However, if you have little equity in the home, a traditional sale is not possible. However, there are a few options can help make a property more affordable or assist homeowners in ridding themselves of a home that they cannot afford. 1. Refinance Your Existing Mortgage. If you have a small amount of equity in your home, you may be eligible to refinance the balance owed to make the payments more affordable.…Read More »
While you never want to be involved in a domestic dispute with a partner that turns into a case of domestic violence. However, if the situation does ever occur to you, you can find yourself in a major predicament if you do not know what to expect and how to handle the fallout and consequences. Get to know more about dealing with a situation involving domestic violence and what you will need to do to when dealing with this difficult situation.…Read More »