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Month: July 2015

Understanding wage garnishment

If you are struggling with debt and have been unable to pay your bills, creditors have ways to recover that money. One way to do so is with wage garnishment. If this occurs, your employer will be court-ordered to withhold a portion of your income until the debt is...

What is a “zombie foreclosure?”

When homeowners fall behind on their mortgages and they cannot pay the bills, two options tend to present themselves. One, they can file for bankruptcy and either modify the payment structure or liquidate the home's equity to avoid foreclosure. Or, they can accept the...

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