While many Americans face high amounts of debt, you may feel like you cannot escape from the burden. According to CNBC, people use side hustles and freelancing to pay off large debt amounts. The problem with burning yourself out over debt is the effect that it has on...
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Get A Fresh Start Through Bankruptcy
Year: 2021
Will I lose my house if I file Chapter 7?
Many Americans believe that if they file a Chapter 7 bankruptcy that they will automatically lose their home. It is true that in some cases, people lose their homes during the Chapter 7 bankruptcy process. It is also true that you are more likely to lose your home if...
How does Chapter 7 bankruptcy affect your dog?
Because they make excellent companion animals, dogs are commonplace in Tennessee and across the U.S. In fact, the American Veterinary Medical Association estimates that almost 40% of all American households have at least one pooch. Still, because of food, medical...
How much medical debt may qualify for discharge in bankruptcy?
If you experience serious financial issues, your medical debts may qualify for discharge through bankruptcy. The court, however, does not help you reduce or eliminate just one type of debt, such as outstanding bills owed to a hospital. Before filing a petition, you...
How should you handle your finances after bankruptcy?
Bankruptcy gives you a fresh start to a more stable financial future. Maintaining the independence that accompanies a debt-free lifestyle will require careful planning. After the completion of your bankruptcy settlement, you may benefit from learning some strategies...
Taking steps now may prevent foreclosure on your home
Like many Americans, you may be taking advantage of current mortgage forbearance protections. Unfortunately, once your forbearance period is over, you may have to begin making payments again, including repaying delinquent amounts. Restarting monthly mortgage payments...
How do you recognize a debt relief scam?
Did you get an offer from a debt-relief company that sounds too good to be true? There is a good chance it might not be true. It is not easy to regain your financial freedom after unmanageable debt. That is because there are real people and real companies out there...
The Chapter 13 bankruptcy process
When people fall behind on their bills, the future might seem unsteady. When that unsteadiness goes on long enough, those same people may want to look into a fresh financial start in Memphis. Bankruptcy sounds like a dirty word sometimes, but these legal methods of...
When can you refinance your mortgage after bankruptcy?
After filing Chapter 7 bankruptcy, you can keep your primary home. With your debts discharged, the mortgage payment should be more affordable. Even if you want to lower your mortgage payment, you might feel like it is a distant dream once you file for bankruptcy....
How may I refinance a mortgage loan after bankruptcy?
The type of bankruptcy you file may determine how soon you could apply for a new mortgage loan. While the record remains on your credit report for up to 10 years, you may apply for certain types of mortgage loans within a few years after a discharge. A Chapter 7...