Chapter 13 bankruptcy offers a way for people to restructure their debts and create a manageable repayment plan. In Maryland, as in other states, it is possible to finish a Chapter 13 bankruptcy repayment plan early under certain conditions. Understanding these...
It is natural to feel worried about approaching your lender to alter your mortgage terms due to financial hardships that impair your capacity to make payments. However, if your bank rejects your application for a modification, you should not feel discouraged or...
College is often a time of growth, learning and exploration. However, for many students, it also marks the beginning of a journey fraught with financial challenges. One can be managing credit card debt. 1. Lack of financial education Many college students enter higher...
Running a small business can be a dream come true. But sometimes, even the best dreams hit rough patches. Unexpected expenses, slow sales or a tough economy can leave a business buried in debt. If you are a small business owner facing financial hardship, Chapter 7...
In today's fast-paced world, keeping an eye on your finances is more important than ever. One key aspect of managing your money effectively is monitoring your credit card spending. Understanding the importance of tracking your credit card transactions can help you...
Missing a few mortgage payments does not mean you will automatically lose your home, but you should consider steps to get back on track with your mortgage. Fortunately, many lenders understand their clients sometimes run into financial problems and offer forbearance...
When facing financial difficulties, it is important to explore all available options to regain control of your finances. Chapter 13 bankruptcy is one alternative that individuals with a steady job may consider. Understanding the benefits of Chapter 13 can help you...
If you are having trouble making your mortgage payments, you may consider options to lower your monthly due amounts. Otherwise, you could risk foreclosure. You may have heard of home loan modification and wonder if it entails refinancing your mortgage. While it is...
Many individuals find themselves in financial binds at some point in their lives. These people may consider filing for bankruptcy to relieve their financial burdens and get a fresh start. However, navigating Chapter 7 bankruptcy can be a challenging process and can...
It is common and often even necessary for people to have more than one credit card. Multiple cards allow you to take advantage of rewards programs and provide a safety net in case of emergencies. However, possessing an excessive number of credit cards may lead to...
