I’ve got good and bad news. First, the good: New Chapter 13 bankruptcy laws are about to make it easier than ever to avoid foreclosure (check out the last few posts on this blog to see what I mean). Now, the bad: Millions of Americans risk missing out on this golden opportunity because of some… Read More »
What if I told you there was a no-fail way to stop foreclosure dead in its tracks? And, that, while you’re at it, you can lower your mortgage payments forever? I know it sounds too good to be true, but it’s within your grasp if proposed changes to the U.S. Bankruptcy Code are passed this… Read More »
I saw something rare on the news recently: a story actually featuring good news. Even more unlikely, it was good economic news. I couldn’t believe my eyes. According to the press, a bill designed to make Chapter 13 bankruptcy laws more debtor-friendly is picking up steam. Not that bankruptcy wasn’t good for debtors before—if you’ll… Read More »
According to the U.S. Bureau of Labor Statistics, more than half a million jobs were “lost” in December. I really feel for those people because, for me at least, losing something and finding something to replace it was never at an even par. I’m one of those people who, if I lose something, it stays… Read More »
The other day, a group of friends and I found ourselves pondering why some people make it out of debt, while others don’t (yes, thanks to the recession, we actually sit around and discuss this stuff). Together we came up with a theory. We decided there’s a misconception about what it takes to get out… Read More »