A deed in lieu of foreclosure and bankruptcy are two different options available to homeowners struggling with their mortgage payments and facing the possibility of foreclosure. Both options can help homeowners avoid foreclosure, but they serve different purposes and...
Month: April 2023
Can people really overcome massive medical debt?
Like many Americans, you probably try to pay your medical bills even if it means skipping another financial obligation. Most people worry that they can no longer obtain health care if they fall behind on their medical bills, so they typically prioritize them. Sooner...
Bankruptcy considerations: What is the automatic stay?
Individuals who choose to file for bankruptcy are often tired of having to deal with creditors calling them in an effort to collect money. Because creditor harassment can be emotionally draining and the risk of collection actions can be truly stressful, many...
Can creditors and debt collectors contact your workplace?
When you’re being contacted by phone, email and letter by debt collection companies or your creditors, it’s a scary situation. The easiest thing to do is to try and ignore the problem and not respond. It can feel like too big of a task to try and tackle. However, that...