You've never had financial problems. In the 10 years since you graduated from college, you've been smart with money. You've gotten pay raises at work without massively raising your standard of living. You think you're immune to bankruptcy. The reality is that...
Month: April 2017
Can an employer ask you about bankruptcy?
You're unemployed, and you're thinking about declaring bankruptcy. Without a job, it's simply become impossible to pay off what you owe. You're not sure what else to do to get out of debt. At the same time, you've not given up on ever being employed again. You fully...
Supreme Court considering whether debt buyers must follow FDCPA
In 2012, a group of debtors filed a class action lawsuit against a Santander Consumer USA Holdings Inc., a Dallas-based debt buyer specializing in auto loans. Santander had bought the debtors' loans from other holders and was attempting to collect them. The debtors...
Can your car be reposssed from anywhere?
The repo team is coming to take your car. You know it, because you haven't been able to make the payments. Can they just show up and grab it one morning, no matter where it is? No. While they may have a legal right to repossess the car, there are still laws and...
What is a boomerang buyer?
You know you need to declare bankruptcy, but you don't want to let it wreck all of your financial plans for the future. You were hoping to buy a home and really settle in. The good news is that you still can. Don't assume that bankruptcy means a home will always be...
Getting married when your significant other went bankrupt
You're thinking about getting married, but your significant other has already declared bankruptcy or is thinking about doing so. You're wondering what this means for your future. Here are a few things you should know. First off, credit scores are for individuals, not...
