Category Archives: Loans

FHA Loans About to Get More Expensive For Atlanta Borrowers

FHA loans were designed to make housing possible for more Americans. So what happens when they become more expensive? Borrowers will soon find out, say Atlanta bankruptcy attorneys. The Federal Housing Administration recently announced plans to hike premiums for the government-insured loans by one quarter of a percent. It might not sound like much, but… Read More »

Could Bankruptcy Help Struggling Homeowners Avoid Foreclosure?

It looks like troubled homeowners may soon have a better option for modifying home loans, according to Chicago bankruptcy attorneys. A new bill backed by Sen. Sheldon Whitehouse suggests that the federal government consider allowing bankruptcy to be used to modify the mortgages of the millions of Americans at risk for foreclosure. Currently, the best… Read More »

Senator Suggests Bankruptcy As A Better Alternative To Mortgage Modification

It looks like Uncle Sam might be learning from his mistakes when it comes to helping struggling homeowners, say Atlanta bankruptcy attorneys. With the Home Affordable Modification Plan enacted during the recession a seemingly multi-billion dollar flop, the federal government may be turning to a method that’s actually been proven to work – bankruptcy. In… Read More »

Money Myths That Can Make Your Debt Situation Worse

Most of the time, it’s a good idea to listen to age-old advice. When it comes to your finances, though, you might want to think twice, caution Atlanta bankruptcy attorneys. It’s not that there’s anything wrong with long-held personal finance beliefs, like the idea that you should pay down debt before saving up. It’s just… Read More »

Debt Myths That Can Hurt Your Finances

We’ve all heard the classic financial advice a million times: pay down debt first, buy rather than rent, and invest as much as possible in your work’s 401k. But even the most trustworthy and time-tested tips can be wrong in the right situation – especially when it comes to debt, according to TheStreet. So how… Read More »