While you may qualify for a mortgage sooner, it’s a good idea to wait two years following the bankruptcy to apply, as you’ll likely get better terms, including a better interest rate. Remember that even a small difference in an interest rate can have a huge effect on both you...
generally indicates that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense. If the company’s interest expense grows too high, it may increase the company’s chances of default or bankruptcy. ...
Bankruptcy Declaring bankruptcy is never fun, but it may be preferable to debt settlement in some cases. You might be able to remove most of your outstanding unsecured debt and the process typically takes a few months. When compared to the years debt settlement can require, bankruptcy can somet...
Well, it’s one of the most serious financial decisions you can make. Bankruptcy can seem like the only way out of a dire financial situation, and it may be. But bankruptcy won’t erase every type of debt, and it won’t solve all of your financial problems. Bankruptcy also has long-...
Bankruptcies leave a damaging markon your credit reportthat can last for up to 10 years, making it difficult to get approved for mortgages, auto loans, credit cards, rental properties and even some jobs during that time. And, if you file for certain types of bankruptcy, you may also be ...
You know, the rest of the world needs to keep showing Americans how fucking stupid we are for accepting this disgusting system. Make fun of us, rub it in our faces. I have friends in Wales who can’t even wrap their heads around medical causes of bankruptcy, or th...
Is it better to play it safe or to place bets that risk bankruptcy?Terry Smith
Or won t the bank or credit union allow you to do that if you don t bank with them in the U.S.? Is Wells Fargo a shady and corrupt bank? Is it worth the trouble to let my credit union take my car when I file bankruptcy and then buy a car in cash after? I...
For some the game was once our home, or still is. To others, it was an introduction to the open-source software world. We work on Ryzom Core because we care for the things we love, and the friendships we've made over the years....
Bankruptcy should only be considered a last-resort option for managing debt. Understanding Default Financial hardship can make paying debts and everyday expenses impossible for those without enough income or savings to cover their bills. Financial difficulties can be triggered by a variety of circumstan...