Monthly Archives:: November 2016

How To Get A Truly Free Credit Report For Use In Your Bankruptcy

The Fair and Accurate Credit Transactions Act of 2003 (FACTA) is a federal law that requires credit bureaus to provide you with one free copy of your credit report every 12 months. There are three major credit bureaus that keep a file on you (Equifax, Experian and Transunion), and they are each required to provide… Read more »

Will Filing for Bankruptcy Harm Your Credit?

Nobody wants to file for bankruptcy, and it’s usually a last resort for those who do. The number one question those considering bankruptcy ask is typically, “Is filing for bankruptcy bad for my credit?” What they’re worried about is the future, of course, since most people need to borrow money for things like a new… Read more »

Student Loans and Bankruptcy: How do I know if I’ll qualify?

Student loans are a large burden that many young Americans take on just out of high school. They do not always realize the magnitude of this debt or how many years it will take to pay it off until they find themselves in financial hardship following graduation. If you feel that your student loans are… Read more »

Reasons To Consult A Minnesota Bankruptcy Lawyer

Bankruptcies are most often the result of unexpected and catastrophic expenses, such as medical bills or a sudden job loss. As such, a bankruptcy isn’t usually something that is planned out well in advance. People who find themselves in need of the financial relief that bankruptcy provides are under a tight time limit, have no… Read more »

Strategic Default: An Option For Those Facing Home Foreclosure

“Strategic default”. Sounds fancy, like some sort of accounting trick used by the rich and famous. In reality, a strategic default may be a viable solution to your current financial woes rather than pursuing foreclosure defense, loan modification or other potential options. Your answers to the following questions will go a long way toward determining… Read more »