Sunday, January 4, 2009

Bankruptcy: An Acceptable Resolution For Financial Strife

by Douglas Jacobs, California Bankruptcy Attorney

Bankruptcy can help you if you are in trouble with your home, and may help you follow a new catch phrase you may hear: “Just walk away“ That’s the title of a recent Newsweek article by Jane Bryant Quinn, normally a conservative financial writer.  The article recommends filing for bankruptcy in some circumstances, and doing it [...]

April Charney, a nationally-recognized consumer advocate known for her outspoken attack of the excesses of mortgage securitization, received a slice of the global spotlight on Sunday when Matthew Drudge linked his site to an article running running at the TimesOnline(UK) detailing Ms. Charney’s fight on behalf of homeowners against Habitat for Humanity for selling homes [...]

Tough Times in the Heartland – U of I Extension Offers Answers

by Andy Miofsky, Illinois Bankruptcy Attorney

The University of Illinois Cooperative Extension Service office set up a financial education website that provides information, advice and tips on how to organize your finances and avoid costly credit traps. www.toughtimes.illinois.edu The site shows you how to compare the cost of borrowed money by looking at the Annual Percentage Rate APR on loans.  You [...]

Estimate Your Credit Score Instantly

by Jill Michaux, Kansas Bankruptcy Attorney

Check out Credit Score Compass on the credit.com website.  It is a free online tool to estimate your credit score instantly before you apply for credit. The estimated score does not count as an inquiry on your credit record.  In fact, you can estimate your credit score without inputting your name or any identifying information. [...]