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6 September 2017

The 27 Biggest Bankruptcy Myths

Ask anyone who’s dealt with a great deal of debt and they’ll tell you how frightening it is to struggle with keeping your head above water. For many, the thought of filing for bankruptcy is as scary as the bills themselves. However, bankruptcy’s reputation is based on only a few tidbits of truth combined with […]

21 August 2017

2017 Missouri Debt Statistics

According to the Federal Reserve Bank of New York’s Quarterly Report on Household Debt and Credit, Americans are taking on more debt than ever before. In fact, total household indebtedness has surpassed the previous record set in 2008 during the wake of the housing market collapse. The country’s total indebtedness now sits at a whopping […]

12 June 2017

The Truth about Credit Card Debt and Bankruptcy

There are a number of myths surrounding credit cards and bankruptcy. Many people believe that because credit cards represent unsecured debt, they can easily be discharged in a Chapter 7 personal bankruptcy case. Another myth is that once you are discharged from bankruptcy, it is impossible to get credit cards and recover your good credit […]

11 June 2017

How to Recover from Bankruptcy in Illinois & Missouri

There is no worse mark a person can have on their credit report than a bankruptcy. Bankruptcies wreck credit and stay on someone’s credit report for up to 10 years. It’s easy to focus on those facts after a bankruptcy and become emotionally distraught. However, there’s another side to bankruptcy that is just as important […]

11 June 2017

What is Mortgage Modification?

Put simply, mortgage modification is a process in which the company holding a mortgage agrees to a change in the terms of the mortgage in order to help a homeowner in financial trouble. If the modification stops the homeowner from defaulting on the loan, the mortgage company ends up in better financial shape over the […]

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