Freedom And Hope Are On The Horizon
A restaurant has filed bankruptcy after sales declined for a period of two years. The business has been taken over and is now under new ownership. The business filed for Chapter 7 bankruptcy protection in California and has sold some of their assets to pay off their...
A family was subject to losing their home after their bank made huge errors on their file. The bank attempted to sell the home in foreclosure even though the homeowners were current on their payments. Fortunately, the California family was able to stop foreclosure on...
Many California residents have been unemployed for well over a year. After being out of a job for quite some time, some consumers are forced to dip into their savings or rack up credit card debt. There are ways for California residents to improve their financial...
Several banks have been selling loans to debt buyers. The debt buyers are people who purchase delinquent credit card debt from the bank. Some of the information received by the buyers may be outdated or inaccurate causing many customers to get sued for debt they do...
When it comes to bankruptcy, homeowners may have fears as to what will happen to their homes when discharging their debts, especially when they believe their homes do not have much value. In that event, the fear may sometimes hinder California homeowners from filing...
Many struggling consumers have been intimidated into paying their debts by collection companies posing as lawyers and other officials. The federal trade commission has stepped in to put a stop to illegal debt collection practices in California. A lawsuit has been...
Many consumers who use or have used credit cards usually believe that they will be able to pay off their debt. Due to unforeseen circumstances, however, some end up paying only the monthly minimum or nothing at all. In situations where the consumer is unable to pay,...
The economy may be boosting and foreclosures dropping for California residents. One of the reasons why foreclosures may be decreasing in California is due to stiffer rules and penalties on lenders. However, there are still many homeowners who are struggling with back...
Many people have a dread of seeing a doctor for a variety of reasons. One of the main reasons today may be the fear of having high medical bills that can feel impossible to pay off. Patients in California and everywhere can feel the pain and anxiety of bills that just...
It's a common but difficult problem. If someone co-signs for a credit card or other loan for someone else, and if the person defaults on the account, then the co-signer become primarily responsible just like the original borrower. But what if the original borrower...