Some people find themselves dealing with financial issues because they never learned how to use credit properly. They started paying for things with credit cards as soon as they qualify for one, and eventually things got out of control. Other people use credit...
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Bankruptcy Help For Everyday People
Month: October 2021
Vehicle repossession can make your financial woes even worse
| Oct 19, 2021 | Uncategorized
When you finance the purchase of a vehicle, your ownership is contingent on you making timely payments. If you fall behind, your lender may decide to repossess the vehicle. The terms of your car loan can give you an idea about when your vehicle could be vulnerable...
What happens to your mortgage in a Chapter 13 bankruptcy?
On Behalf of Wootton & Wootton, P.C. | Oct 8, 2021 | Chapter 13 Bankruptcy
Filing for bankruptcy allows you to temporarily halt collection activity and potentially discharge your unsecured debts, like credit card balances or medical debt. However, your biggest debt may not be an unsecured one. Your mortgage is secured by your home, which...
Chapter 7 bankruptcy and student loans
On Behalf of Wootton & Wootton, P.C. | Oct 7, 2021 | Chapter 7
Your finances took a major hit. While you have been trying to pay your bills on time every month, it has gotten harder and harder. Without enough income to work with, you may be falling behind on more than one bill. You may not like the idea of filing for bankruptcy....
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