Stories

Filing bankruptcy is supposed to be your last resort option, the very last financial tool you want to use. But is there a situation where filing chapter 7 bankruptcy is your best choice?

After destroying my FICO during the housing bust, I became obsessed with getting the highest credit score possible. I was getting denied loans and only being offered unaffordable rates.

Debtor’s prisons may be a thing of the past but the high cost of bankruptcy still keeps many people chained to their debt. Beat the High Cost of Bankruptcy with this Free App.

Everyone gets into a little debt sometime in their life. Understanding these debt problems will help you use debt correctly, pay it off faster and maybe even avoid it altogether.

Filing bankruptcy can take six months and cost thousands of dollars. If you’re filing Chapter 7, it’s a good bet you don’t have that kind of time or money. You need to get free from your debts NOW!

Under Chapter 7 bankruptcy, you’ll generally lose all big-ticket assets except your home and a car. You’ll also be able to keep clothes, furniture and other household goods unless they are high value.

Times have changed and interest rates aren’t what they were in the 1980s. Borrowing for business is not only no longer dangerous but might be the smartest financial move you make.

Installment loans may be easier to get. Some installment loans don’t even require a credit check and most offer fast online applications with instant approval.

Paying off debt can seem like a life-long goal sometimes, getting to where you can see light at the end of the tunnel only to get set back by a financial emergency.

Car sales have plunged over the last few years and that’s good news for anyone trying to buy a new or used vehicle. The credit score you need to get a loan has decreased and rates are still low.