The Nitty-Gritty about Catching Up on Your Mortgage through Chapter 13–Part 1
Chapter 13 gives you up to 5 years to catch up on your past-due mortgage. How does this actually work?
Persistently High U.S. Unemployment Rate Linked to High Household Debt
Why is the unemployment rate staying so high, years after the recession officially ended? If we knew the answer to this question, we’d have a fighting chance at addressing the problem. In our national economy of 300 million people, it’s not easy to tease out what’s keeping the unemployment rate so high so long. But […]
Stopping a Home Foreclosure with a Bankruptcy, Temporarily or Permanently
Filing bankruptcy can buy you a little time or a lot of time, enough time either to transition to a new home or to save your home.
The Limited Power to Force a Creditor to Surrender Your Garnished Wages
Once garnished, that portion of your wages or salary is forever gone. With one exception.
The Collision between State Garnishment Law and Federal Bankruptcy Law
Bankruptcy quashes a garnishment, but only if it’s filed in time.
Bankruptcy Stops Wage Garnishments Before They Can Hit You
Bankruptcy protects your paycheck because it’s more powerful than a creditor’s garnishment court order.
Just Been Sued by a Creditor? How Bankruptcy Helps Right Away
Getting sued by a creditor is a wake-up call to consider filing bankruptcy. If it’s the right thing to do, there are advantages to filing before your deadline to respond to the lawsuit.
Help! I’ve Just Been Sued by a Creditor! What Do I Do Now?
Don’t react to getting lawsuit papers by avoiding them. Treat the lawsuit as a great incentive for taking the first step towards a better life.
Independent Monitor Releases 1st Report on the Bank’s Compliance with the National Mortgage Settlement
This report provides tons of accessible information, lots of clear graphics. Includes a detailed timetable, and state-by-state compliance data.
Residential Income Segregation Varies Widely Across the U.S.
Increasingly, the rich live among the rich, and the poor among the poor. Especially in the big cities of Texas. Less so in Miami, Cincinnati, Boston, Sacramento, and Portland.