Bankruptcy Increases Among Senior Citizens

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Bankruptcy is a difficult choice to make at any age, but there is a growing number of the elderly population facing the need for bankruptcy protection. Here are the reasons behind this, and how you can help your aging parents or loved ones. An Increasing Problem Bankruptcy among senior citizens made up only 2% of … Read More

What to Know About HELOC Discharge after Chapter 7 Bankruptcy

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If you are facing financial hardship, bankruptcy can be an important tool to help you get back on track. With a Chapter 7 bankruptcy, any non-exempt assets are liquidated and used to clear debt. You may be worried about being able to keep your home if you file. Can a home equity line of credit … Read More

Thinking of a Short Sale? What You Need to Know.

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Right now, homes are selling at a fast pace. Many people are getting over their asking price for their homes because there is a shortage of homes on the market. Yet, with the fall-out of 2020 still lingering, many people who have lost their jobs and sources of income have defaulted on their mortgage payments. … Read More

What Leads to Bankruptcy: Four Common Causes

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Bankruptcy does not just happen overnight. While you may receive a bankruptcy notice, a harassing call from a creditor, or an eviction notice on a day you weren’t expecting it, this day was already in the works for a while. For people struggling with debt, past choices and unfortunate circumstances can put them in situations … Read More

Reestablishing Credit After Bankruptcy

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Despite the negative connotations of bankruptcy, it does not mark the end of your financial success. In fact, bankruptcy establishes a fresh start for individuals and families to move forward and make better financial decisions in the future. With the lessons you learn through filing for bankruptcy, you can apply that wisdom to reestablish your … Read More