Many auto insurance companies examine consumer credit information when deciding whether to issue or renew an insurance policy and how much to charge for vehicle coverage. Since bankruptcies can hurt a consumer’s credit history for up to 10 years, this means a person who has one on record is likely to see higher insurance prices.
Does Bankruptcy Affect Auto Insurance? Read More »
If you have been asking yourself ‘Can I buy a car after bankruptcy’; the answer is ‘Yes’. But before you go looking for ways and means for buying a car with bankruptcy, you should challenge your decision of buying a car in bankruptcy. If your finances are not in order (and bankruptcy is a proof of that), then can you really afford to buy a car?
Buying A Car After Bankruptcy – How To Go About It Read More »
Some people are under this wrong notion that bankruptcy will help them avoid foreclosure altogether or bankruptcy is a better option than foreclosure. It is better to have complete and correct information and then take the decision lest you are regretful of your decision later.
Foreclosure After Bankruptcy… Some Facts You Ought To Know Read More »
Bankruptcy remains on your credit report for a period of up to 10 years; and with this blot on your credit report no one would be very willing to lend to you. But that doesn’t mean that you cannot get any loan after bankruptcy. You can still get loans but the interest rates and terms of loans would not be very attractive for you.
The first thing that most individuals and families have to do in order to break out of debt is to somehow find a way to cut back on expenses. The easiest way to do this is to find the lowest price on things that you would think are untouchable, such as car insurance, property insurance and many other bills that companies would prefer you not negotiate.
How Using Price Comparison Sites Can Help You Break Out Of Debt Read More »
Besides enabling you to keep food on the table while you are unable to work, income protection insurance can also enable you to keep paying your debts and therefore avoid any bankruptcy action being taken against you.
5 Ways Income Protection Insurance Can Save You From Bankruptcy Read More »
Buying a home after bankruptcy isn’t as difficult as you thought. However, buying a home should not be at the top of your list really. It is very obvious that you have to first ensure that you have a regular source of income which will allow you to meet your basic needs and also provide some savings for building an emergency fund.
As we come to the far end of 2011, the economists give a retrospective glance at the economy to check where we stand. Though individual bankruptcies are falling, yet that doesn’t speak much about the improving financial behavior of the US consumer, who is still being supported by the record federal stimulus.
Ballooning Consumer Debt Cripples Economic Recovery – Any Hope For The Debtors? Read More »
While writing credit repair letters (or credit repair dispute letters) you must ensure that you follow the guidelines mentioned here.
Credit Repair Letters – 6 Things You Must Remember Read More »
Getting a mortgage after bankruptcy is not an impossible task. You can get a mortgage with bankruptcy still on your credit report. However, the terms of your mortgage in bankruptcy scenarios would be really harsh… and you should expect them to be harsh since you have lost your credit worthiness to bankruptcy.
Mortgage After Bankruptcy – How To Get A Mortgage Loan After Filing For Bankruptcy Read More »