It may take months of missed mortgage payments before a lender begins the foreclosure process. As reported by Bankrate.com, the average foreclosure took about 24 to 28 months based on data compiled from the fourth quarter of 2020. Lenders do not usually begin the...
While you wish for another option, you have no choice but to file for business bankruptcy. Do you know which chapter fits your situation? Fundera breaks down three bankruptcy options for companies. Learn how to put yourself on the path to success after filing. Chapter...
One of the most comforting aspects of filing for bankruptcy is the reassurance that debtors can get some relief from incessant requests for payment from debt collectors. This newfound freedom can give them the space and flexibility to decide what they want for the...
Bankruptcy provides you with the chance to start over and reduce your debt. Moving away from the stress of creditors asking you for money and into a newfound freedom can bring life-changing opportunities. Because you may have had to use a substantial amount of your...
If you have decided to petition for bankruptcy protection, you will attend the 341 meeting and provide your 521 documents shortly after you file. What does all this mean and what should you expect to happen at the meeting? Understanding the 341 meeting The 341...
Facing a foreclosure can be scary, especially if you cannot figure out how to catch up on your overdue mortgage payments. If you want to find a way to save your home and have exhausted all other options, you may consider filing Chapter 13 bankruptcy. Credit Karma...
If you are having a hard time making monthly payments on student loans, you might consider requesting a deferral. Typically, your lender will grant you a deferral if you are able to demonstrate financial hardship. Deferral can offer some immediate help with debt and...
If your business is facing financial problems and your creditors are harassing you for outstanding payments, you might save your business from ruin by filing for bankruptcy. Many people think of bankruptcy as the end of a business, but in reality many companies emerge...
Losing control over your finances may have you looking for potential solutions, and you may be considering filing a New Jersey bankruptcy case. Chapter 7 and Chapter 13 bankruptcies both help individuals whose personal finances have spiraled out of control. However,...
Owning a home is a milestone for many Americans. Unfortunately, there may come a time when you are unable to make your mortgage payments on your home. From losing an income to suffering an injury, outside influences may result in your inability to make ends meet. If...
