Some people spend as much as 30% of their monthly income on their mortgage and housing expenses. Your downpayment will also contribute to your overall amount of equity. Every time you make an improvement to your house or invest in system upgrades, you possibly...
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Can a bankruptcy filing stop the foreclosure of your home?
It only takes one illness or injury to leave you out of work and unable to pay your monthly expenses. Falling behind on your mortgage can put all of the investments you have made in your home at risk. Depending on the terms of your mortgage and your lender's policies,...
Why should you consider Chapter 13 bankruptcy?
Most people who want to file for bankruptcy start by learning more about Chapter 7. They do so because it’s fast, there’s no repayment plan and it gives them the opportunity to start fresh. However, there’s another option: Chapter 13 bankruptcy. There are many...