Tag Archives: bankruptcy
Business Loans After Bankruptcy
Check out this excellent article on how to get business loans after filing bankruptcy from our friends at First Capital Business Finance. This information supports the fact that a bankruptcy is not the end of your credit. It may actually provide you with more opportunities for loans by clearing your credit record. It is plainly Continue Reading
Subprime Auto Loans Can Be A Good Option But Also Problematic
Nearly everyone, at some point in their life, may use a loan for an automobile. Some people might opt for a used vehicle while others prefer a brand new one. Prices vary greatly, depending on where you live, what type of vehicle you are looking for, and what kind of warranty you want. Interest rates Continue Reading
Health Care Medical Debt Top Cause of Bankruptcy
Health care costs have always been one of the biggest concerns for just about every family in America. The costs associated with health care not only continue to rise, they continue to create financial problems and strain for many families, often becoming completely overwhelming. This is especially the case when a medical emergency arises and Continue Reading
What Does BK Stand For? Bankruptcy? Burger King?
What is BK? Bankers and other business professionals sometimes use the abbreviation BK to mean bankruptcy. In the financial or business arena, BK is referring to a bankruptcy. It can refer to a business or corporate bankruptcy and it can also be used to describe someone’s personal bankruptcy. Check the context in which the letters Continue Reading
Did You Know These Surprising Facts About Bankruptcy?
The more you learn about bankruptcy, the better you can judge if it is the correct solution for you and your future. Bankruptcy is generally perceived as a negative activity in someone’s life which must be avoided at all costs. It is less likely to be seen as a helpful solution to debt problems. Some Continue Reading
Bankruptcy Attorney Can Use Chapter 13 To Resolve Foreclosure
The presentation below breaks down how a Chapter 13 can be utilized to immediately stop a foreclosure and reorganize your situation. When you are facing foreclosure, the process seems to be out of your control. Dates are set and you have nothing to do with the dates that have been set for your home to Continue Reading
Life After Bankruptcy: What You Need to Know and What To Expect
Filing a bankruptcy is a huge decision to make. When you think about bankruptcy, you are inclined to think about what your life after bankruptcy will be like. Will you be living in shame? Will you ever be able to buy a home or a car again? If so, when can you live a normal Continue Reading
A Closer Look At Chapter 7 Bankruptcy
Chapter 7 bankruptcy is also sometimes known as “liquidation” bankruptcy. Most or all of your debts are cancelled and your non-exempt property is sold, or liquidated, to satisfy some of the debt you owe to creditors. Many people who file Chapter 7 bankruptcy do keep all of their property but it can be completely dependent Continue Reading
Paying Off Holiday Credit Card Debt
Using credit cards to make your holiday purchases may not be the wisest thing to do, yet on average, it adds nearly $1000 to the balance of many credit card holders. At an average interest rate of about 13.93%, that means you will pay an extra $350 for those purchases. Higher interest rates, of course, Continue Reading
Student Loans and Older Americans – Is This A Growing Demographic?
When the term “student loan crisis” is brought up, the image that most often comes to mind is that of a young person who still has their best earning potential ahead of them. While many of those very people do indeed struggle with student loan debt, it now seems that older Americans, particularly those aged Continue Reading