The section 302(a) of US Bankruptcy Code allows for married couples to file for joint bankruptcy. This special clause can be very beneficial to couples who need to file for bankruptcy because, although, these are two different bankruptcy cases, they would be treated as one in the eyes of the Court. As a result, there [...]
Most people do not really understand the full implications of bankruptcy. The reality is that bankruptcy is not a new bed of roses, although someone in deep financial troubles can perceive this relief as such. First of all, not everyone will qualify for bankruptcy. After the bankruptcy laws were amended in 2005, there were many [...]
When you are trying to repair your credit score in a hurry, you tend to believe all promises made as they seem to offer you exactly what you want. Beware of such false promises because these are tell- tale signs of credit repair scams. Here are some common tactics used to defraud vulnerable consumers: 1. [...]
Are you aware of the severity of credit card fraud? There are an estimated 1 trillion credit card holders in the world today – as this is the most convenient way to shop in this technological age. Credit cards are used for a large gamut of services – not only for buying goods and services [...]
The identity theft business is a thriving business! There are millions of dollars mulched every year from mostly small and medium size businesses because these are the businesses that do not have adequate guarding systems put into place. The common mode of operation is simple. Send a virus-laden email to the account officials of the [...]
This is a question that many people ask themselves without any real hope for an answer – “how do I clean up my credit report?” Do not worry – you are not alone when asking this question, there is a way out for everyone. The trick is to seek out the proper guidance and begin [...]
Most people who have a low credit score feel that they cannot find credit lenders in the market any longer. This is not true. You can. There are plenty of poor score credit lenders out there who make a living by catering to this corner of the market. It is not very difficult to find [...]
I have been asked this question many times. Why do you need to increase your credit score? The answer is simple- a good credit score offers you the best options in financial matters. You can get a loan, mortgage, credit card and most other benefits even if you have a poor score. So why bother? [...]
What happens if one spouse needs to file for bankruptcy while the other has a steady income and valuable assets? This is an important question that needs to be answered with care and extreme legal caution, long before the situation arises. Bankruptcy and marriage can become really messy if the parameters between the finances of [...]
If you are having trouble with obtaining loans, your credit score might have plunged down to unacceptable levels. The first thing you should do when you get two consecutive rejections is to check your credit score. If you find that your score has indeed plummeted, seek the best available credit debt solution. How do you [...]
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