Does Filing a Bankruptcy Alone Affect My Spouse’s Credit?

You need to file a bankruptcy but your spouse doesn’t want to or can’t file at the same time. He or she has debts of their own and they are choosing to continue to pay them. You can file as a married person without your spouse filing with you. Sometimes this is even...

Wage Garnishment and Bankruptcy – Where Is My Money?

The creditor filed suit and obtained a judgment against you. They have garnished your wages. You are losing up to 25% of your income per month. Bills are piling up and you are frustrated. You decide to file bankruptcy to stop the bleeding. What happens to the money...

Loan Shark or Pay Day Lender – Is There a Real Difference?

The term loan shark may bring to mind an unsavory character on a street corner or in a dark alley that you seek in desperation. The Term payday lender conjures up a legitimate business in a storefront in your hometown. Yet are these two things the same thing? Well,...

HELP! I’m Drowning in Student Loan Debt

You have graduated from college or trade school and now you have to start repaying the loan that you took out to be able to get your education. There are several options to make it easier to deal with repaying the loan. The first is to see if you qualify for a loan...

What Happens to the Debt on My House When I File Bankruptcy

When you purchase a house you sign two separate documents related to the borrowed money. The first is a Promissory Note it is a promise to pay the money you borrowed back. The second is a Mortgage which secures the promise to the real estate you bought. They are two...

Savings in the Palm of Your Hand

With summertime nearly here (if mother nature doesn’t throw us any more curve balls) we all get excited about being able to enjoy outside activities with friends and family. Whether it is going to the beach, family BBQ’s, sporting event, and concerts, most things cost...