Many things affect the rate you are charged for homeowner’s insurance. Making many small claims can lead to termination. Even asking your insurance company about the possibility of making a claim can affect your insurance. Insurance companies can randomly conduct drive-by inspections of properties. If there is an obvious maintenance issue, the insurer may threaten to  … Read More

If you are struggling with debt, but are wondering if you make too much money to file bankruptcy, then read on. To be eligible to file Chapter 7, you must pass what is called a “means test”; this determines whether or not your income is low enough to qualify. Your debts have to be primarily  … Read More

Filing for bankruptcy is a serious financial decision. If you aren’t able to pay your bills, but you’re afraid to file bankruptcy, read on… Myth 1. You’ll lose everything. Contrary to what you might have heard, by filing, you’re likely to keep a lot of your possessions. What assets may be exempt varies from state  … Read More

Unfortunately, most tax related debts cannot be discharged (wiped out) from filing bankruptcy. You generally will continue to owe even at the end of your Chapter 7 bankruptcy case. Or if you file Chapter 13, you will have to repay your taxes in full, in a Chapter 13 bankruptcy repayment plan. However, if you want  … Read More

As a general rule, even though filing bankruptcy can wipe away bills like mortgages, medical bills and credit card debt, most debtors cannot be discharged from their student loan debt. However, if you can prove that by repaying your student loan, it will cause an undue hardship, you may be able to get rid of  … Read More

There are pros and cons to both leasing and buying a new car; much has to do with your present and future life style and financial circumstances. When you buy a car you own it; you can do as you please, modify it, and drive it as often as you like. You will retain the  … Read More

Automatic Stay In U.S. bankruptcy law, the automatic stay provides those debtors who have declared bankruptcy protection from creditors by halting their actions in collecting debts (there are some exceptions). The stay begins the moment the bankruptcy petition is filed. No action besides filing a bankruptcy petition is required for the automatic stay to go  … Read More

Whether you filed bankruptcy already, or are contemplating filing, you can cease the opportunity for a do over. In this day and age it can make life easier to have credit cards or be credit worthy to apply for loans to buy a home or car. Therefore, re-establishing good credit is important and rebuilding your  … Read More

When you decide to end the marriage, it can be very overwhelming. If children are involved, it is important to consider their feelings and fears. Your children need their parents to behave maturely and put their feelings towards each other aside: Set the tone and stage for telling them. Gather the family together and tell  … Read More

Establishing or reestablishing good credit is important in all aspects of yours and your family’s life. Building a solid credit history and maintaining a high credit score can have a dramatic impact on your quality of life. Loans. Whether you plan to buy a car, a home or start a new business, having a good  … Read More