The bills keep piling up. Money going out is exceeding money coming in and you are in financial trouble, perhaps for the first time in your life. You should not become paralyzed by your situation, which will only make matters worse. But what should you do? The good news is, you do have options.Initial steps to take
You must be realistic about your current situation. That means you and your spouse must sit down, list all your debts and what the minimum payments are, along with what the due dates are. Next, you need to start calling creditors to
Whether we face the reality of a financial crisis or not, sometimes there’s no easy way out. Events can conspire to overwhelm you, and in the end, the only option you may have left is to file bankruptcy. Most bankruptcies in the United States are either Chapter 7 or Chapter 13 and deciding which one is right for you depends on your income, assets, debts and other financial issues.
Chapter 7 bankruptcy is a liquidation bankruptcy that wipes out all general unsecured debts such as medical bills and credit cards. To qualify, you must have little or no disposable income,
Chances are, if you are a business owner, sooner or later, you are going to need the services of a good business law attorney. They can be a key member of your executive team if you run a large multi-million dollar company, or they can be a trusted advisor whom you turn to time to time as needed if you’re a smaller mom and pop operation.A well-rounded business attorney can assist a business owner in many ways
There are so many legal issues that come up during the normal course of business. Even if you are sharp and well
For many people, obtaining a loan modification usually involves working with a loan broker to find the best possible financing deal. However, there are instances when it makes sense to retain the services of an experienced loan modification attorney to walk you through the necessary steps while protecting your financial interests.Why you should consider a loan modification
When a lender modifies a mortgage, they are agreeing to change some aspect of the existing loan. This might include lowering the interest rate, forgiving part of the outstanding principal, extending the length of the loan or changing other possible parameters. The