What Credit Score Do You Need to Buy a House?
Even with mortgage rates at an all-time high, many of us dream of owning a home, and a good credit score is still essential if you want to realize the American Dream. How does your credit stack up, and is it good enough to get the green light for the financial moves you want to…Read more
Beware of These Common Debt Collection Scams
Americans are piling up the credit card debt, just as many believe the economy is headed towards a recession. With credit card debt in the US reaching the trillion dollar mark, aggressive debt collection tactics will be on the rise. While debt collection is a legitimate tool to recover money that is owed to lenders,…Read more
Posted by: Erik Clark
Is it possible to file bankruptcy virtually without meeting my attorney?
In a word, yes, in light of the changing business landscape during COVID-19, even the bankruptcy courts are easing up on in person requirements, such as the meeting of creditors. The coronavirus is shaping up to be a once in a lifetime financial event. Although no one knows what the economic impact will be (and…Read more
Biden on Bankruptcy: 10 Ways the Bankruptcy Laws Could Change if Democrats Take the White House
In the last few weeks as Vice President Biden has solidified his position as the presumptive Democratic Party Presidential nominee, he has adopted positions of his former rivals to unify the party, including endorsing Senator Warren’s proposals relating to the changes adopted in the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, Public Law…Read more
The 5 Best Credit Cards for Rebuilding Your Credit
If you have a low credit score, it probably either means you’re just starting to build your credit as a young adult, or you’ve been unable to pay bills, been sent to collections, and your score has consequently taken a dive. If you’re a young person, credit card companies are probably banging down your door…Read more
Posted by: Erik Clark
5 Personal Finance Moves to Make Before You’re 30
Life after college can be an overwhelming and emotional process. We get our first “real” jobs after spending a few years racking up student loan debt, and then it’s on to possibly looking into buying a home and starting a family. By the time we’re nearing our mid- to late-20s, we wonder: Where has all…Read more