Filing for bankruptcy imposes a lot of legal requirements and qualifications. These can be confusing for many people. For example, you may have heard that bankruptcy does not discharge your tax debt or student loans. It is not true that you cannot discharge these...
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Is your debt-to-income ratio too high?
If you want to buy a house, fund your education or secure other types of financing, you probably need a good credit score. According to the credit reporting service, Equifax, a good credit score is anything between 670 and 739. A score over 800 is excellent. While...
Does bankruptcy stop a car repossession?
Whether you have a shiny sedan, a family minivan or another type of motor vehicle, you undoubtedly use your car to drive to work and other places. If you are behind on your monthly car payments, though, you may worry about losing your only mode of transportation to...