Recently, the Federal Housing Administration moved to relax its guidelines and expedite the waiting period to secure a mortgage for borrowers who “experienced periods of financial difficulty due to extenuating circumstances”. The program exemplifies the FHA’s willingness to help those who have endured a financial situation beyond their control. The program is generally known as […]
Under the Bankruptcy Abuse and Consumer Protection Act of 2005 individuals who plan to file for bankruptcy must complete under Rule 11 U.S.C. Section 109 a Credit Counseling Course prior to filing a Chapter 7 or a Chapter 13 Bankruptcy Petition. Our office ensures that all clients comply with the counseling requirement and registers all […]
In March, 2010 I posted a blog about the high cost of payday loans, as high as a 426% interest rate. Payday loans are not the first choice of a consumer looking for a short term loan, and are generally sought in the most dire of financial positions. Pay day loans are often used by […]
Filing bankruptcy is not something people want to do, rather something they have to do for various different reasons. When a person or married couple makes the decision to file for bankruptcy there are a few guidelines they should follow to make the bankruptcy procedure as easy and quick as possible. 1. Consult with an […]
Bankruptcy and Debt Consolidation
Steps to file a Chapter 7 Bankruptcy in Philadelphia, Pennsylvania
This post will serve as a follow-up to the August 21, 2009 post regarding new CARD laws. On February 22, 2010 the next wave of CARD laws go into effect. The new enactments focus on credit card laws and regulations to improve consumer awareness and financial management. The four (4) principal changes going into effect on […]
Complaints and facts about debt consolidation. Get bankruptcy relief in Philadelphia, PA.