The New Year is celebrated in a lot of different ways around the world. Depending on which calendar the country in which you live often determines when you celebrate. In America, we use the Gregorian calendar which continues the use of the Roman calendar using January 1st as the beginning day of the next or [...]

Wanting to do what is best for you and family is a normal reaction for the most of us, especially when it comes to making the best financial decisions. Sometimes, we don’t always make the best financial decisions and are forced to face bankruptcy. When this happens, it is just as natural to want to [...]

Bankruptcy cases filed in federal courts for fiscal year 2010, the 12-month period ending September 30, totaled 1,596,355, up 13.8 percent over total 2009 bankruptcy filings of 1,402,816, according to statistics released by the Administrative Office of the U.S. Courts. While non-business bankruptcy filings continued to rise in 2010, business filings dropped slightly for the [...]

This personal bankruptcy story was posted on the internet recently as a comment in a discussion on bankruptcy: “…My youngest just finished 1st grade and I have been actively applying for work for two years – unsuccessfully. We have owned and operated a small coffee business for 7 years which actually generates a good amount [...]

This personal bankruptcy story was posted on the internet in September of 2009 as a comment in a discussion on bankruptcy: “I have recently spoken to a lawyer about bankruptcy [who] says I need to file chapter 13… I have a small business that is my only way of making any money and if I [...]

This personal bankruptcy story was posted on the internet in October of 2010 as a comment in a discussion on bankruptcy: “Short sell your home!!! The foreclosure process takes forever. The mortgage lender should be interested in a short sale over foreclosure. A short sale will most likely guarantee the lender(s) more money than if [...]

Questions remain for much of the industry and affected homeowners [Editor's note: This is the fourth in a seven-part series. See links to the rest of the series at the bottom.] by Mike Hinshaw Because so much has been written about the scandal foreclosure in recent weeks, I thought it might be useful to gather [...]

I consider myself a budget expert. I view myself that way because I have lived on a budget all my life, and I know how to. Some of you may be skeptical about this claim, and I can understand that, so, let me tell you how I have done it. First of all, when I [...]

There are many credit lenders out there today wanting you to put up the equity in your house to get their money for almost any reason you may determine. Amongst the ways you can claim the equity in your home from lenders are by refinancing, securing a second mortgage, a home equity loan,  and a [...]

A report posted today in MSNBC.com’s “Red Tape Chronicles”, is a study on how credit card issuers will try to make money by squeezing the paying customers that they still have. After using low interest rates to lure customers to their credit card products over the years, the companies are now changing agreements on previously [...]