People think they’ll never fall behind on their debt payments until the day they do. Although getting caught up on past due payments can feel like an impossible task, it is possible to get your finances back on track. Here are two options you can take advantage of to help you resolve your past due balances and start fixing your credit:
Ask About a Forbearance Program
Creditors don’t like it when people fall behind on their debt payments.…
Just the act of a bankruptcy filing can make some people feel embarrassed, but that might pale in comparison to the thought of making an appearance in public before a bankruptcy judge. You already feel a bit sheepish about your financial situation, and you know that taking responsibility for your situation is important. Fortunately, this dreaded appearance in bankruptcy court is usually nothing to be worried about, so read on to learn more about your chapter 7 federal meeting, known as the creditor’s meeting.…
Chapter 13 bankruptcy is a type of bankruptcy that allows you to repair your credit by repaying some of your debt. Chapter 13 bankruptcy is best for those with a high income or with many assets that can be liquidated. If you are trying to decide whether or not to file chapter 13 bankruptcy, here are some of the advantages and disadvantages for you to consider.
Advantages
Avoid Foreclosure…
