Bankruptcy WealthMaverick

4 Tips on How to Build Credit after Bankruptcy

4 Tips on How to Build Credit after Bankruptcy Going through a bankruptcy is a difficult experience that often results in frustration and despair when it comes time to rebuild your credit profile. However, the process is not as difficult as you may think and doesn’t take too much effort to start today. Our article is going to teach you how to build credit after a bankruptcy in four simple steps. 1. Establishing a … [Read more...]

Discover more

7 Steps For How to File Bankruptcy Yourself in the U.S.

7 Steps For How to File Bankruptcy Yourself in the U.S. Bankruptcy is a procedure carried out by the court. A court trustee and the judge examine the liabilities and assets of people and businesses that can’t pay their bills. Afterwards, the court decides whether to dismiss those debts or not. Once declared bankrupt, the entity is no longer required to pay these debts. Basics of Bankruptcy Bankruptcy laws … [Read more...]

How to Get a Bankruptcy Counseling Certificate

How to Get a Bankruptcy Counseling Certificate The bankruptcy process has quite a few important steps that need to be carefully followed to ensure compliance with state and federal laws. One such requirement is a bankruptcy counseling certificate. This article is going to explain what this certificate is and offer several tips to help guide you through the process of getting one. What Is a Bankruptcy … [Read more...]

Buying a house after Bankruptcy

Buying a house after bankruptcy is very possible Buying a house after bankruptcy can be a tremendous task for those who are just coming of out a financial disaster. There are many hurdles that need to be addressed concerning credit recovery. One question that seems to remain on people’s minds, is will they be able to purchase a home after filing for bankruptcy? For most people coming out of bankruptcy the goal is to … [Read more...]

How to Rebuild Credit

Let’s talk about how to rebuild credit. You know, sometimes life throws you some big whammy’s and makes it impossible to pay your debts. After you miss enough payments your creditors will surely start getting aggressive in their tactics to ascertain payments from you. The average credit score in the US is 687. If you start missing payments your score will start plummeting and eventually if you just can’t pay your … [Read more...]

Debt Settlement vs. Bankruptcy

Debt Settlement vs. Bankruptcy If you have a ton of debt and very little if any means to pay the debts off at some point, probably sooner than later, you'll need to attack the debt either through negotiating with your creditors for lower balances through debt settlement or to go for a clean break with bankruptcy. Chapter 7 is the most effective way to wipe as much of your debt as possible. Where does debt settlement … [Read more...]

Get your Credit Counseling on

How Credit Counseling Helps Consumers? Amidst today’s tough economic times, consumers are increasingly finding themselves unable to meet their financial obligations. Sudden illness or injury, layoff, and pay cuts can wreak pecuniary havoc on the best people. With overall unemployment and underemployment rates at record highs, folks are seeking professional assistance just to maintain modest standards of … [Read more...]

Consumer Credit Counseling 101

Consumer Credit Counceling 101 Here we will go over what you can expect when you go through a consumer credit counceling program. The first step is realizing that you are having too big of a financial challenge and it's time to reach out for help. Step1: Find a reputable firm to work with The Justice Department has a list of approved consumer credit counceling programs throughout the US. Here is a link to their … [Read more...]

Debt Solutions for the New Year

Debt Solutions for the New Year! Have you missed a payment or two on some debts that you owe? Is your new years resoluiton to get out of debt? When you are looking for sensible debt solutions there are 4 main ways to get rid of it. We are going to go over the different ways and the impact they have on your financial life. 1. Pay it off on your own If you have the ability to pay off your debt by yourself with only … [Read more...]

Top 3 tips for choosing debt companies

Top 3 tips for choosing debt companies - Do you need help getting out of debt? You may want to look at debt companies as a solution. A good one will have a lot of experience and knowledge in what could be the best way for you to get out of debt. That being said it is wise for you to do your own due diligence before hiring one. With the economy still lagging there are still a lot individuals and families out there … [Read more...]

Get your finances from "0" to "Hero"