JP Morgan Chase Vs. Payday Lenders

Many borrowers turn to payday loans when they fall upon hard times. Once you are involved in the cycle of payday loans, it can be nearly impossible to break free. If you miss a payment, you can rack up thousands of dollars in fees. J.P. Morgan Chase Bank has taken the lead in setting new […]

Student Loans Debt Rises – Bankruptcy an Opportunity to Catch Up

Education is often touted as a necessary tool for securing well-paid employment. Unfortunately, thousands of college graduates and their parents are facing mountains of debt in order to secure that education. Oftentimes, students graduate from college and discover they are unable to purchase a car, a home or begin planning for marriage and children. This […]

Medical Debt is a common cause of bankruptcy

Generally, the decision to file for bankruptcy is never an easy one. Typically, consumers see bankruptcy as an option of last resort. Oftentimes, the final decision is a result of staggering medical bills which are often compounded by the loss of income due to health issues. While some studies show that nearly 50 percent of […]

Should I sign a mortgage Modification agreement?

Since the Helping Families Save Their Homes Act of 2009 was signed into law by President Barak Obama in May of 2009, thousands of homeowners became eligible to modify their loans. While the process is frustrating and often confusing, one question that many homeowners ask is whether they should sign modification agreements if they are offered by […]

Should You Buy A Car Prior to Chapter 13 Bankruptcy?

Buying a car before filing for bankruptcy might be a good idea. However, as with all financial decisions that you are confronted with before or during the bankruptcy process you should discuss this with your attorney before committing to a purchase. Advantages of Car Purchase While it is possible to purchase a new or used […]