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...

Graduation with Debt

Congratulations! You have graduated from college, with student loans and credit card debt! Now what? So you find a job in your chosen profession but you’re still living in your mom and dad’s basement. This was not the plan. What can you do? There are several options...

Discussing Money with a Potential Life Partner

Dating, moving in together, marriage and … Money!! You found Mr. or Ms. Right and you are thinking about the next step, and then the discussion about money is on the horizon. How do you bring it up? How do you figure out if your financial goals mesh? What if they...

What does ‘walking away’ from your house really mean?

The bank has foreclosed, a judgment in foreclosure has been signed and filed with the court and the dreaded Sheriff sale has occurred. You no longer have any ownership rights to your house, right? Unfortunately, that is not the case. You still own your house with all...

Scam on Bankruptcy Filers

Those filing for bankruptcy are getting hit by phone scammers in several U.S. states. The scammers pretend to be attorneys and use personal information to fool victims into sending them money to pay debts. A warning has been issued by the National Association of...