If you are one of the many people who have suffered during the recession, and you had to let your house go into foreclosure or had to file bankruptcy, you may be able to finance a house sooner through the FHA. The new FHA guidelines
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Small Change? Not Necessarily!
So what do you do with your pocket change at the end of the day? Here is a small tip to help you save some money. You just need some motivation to do something. Remember the old “vacation jar” idea? You won’t even feel it,
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Feeling Overwhelmed with Your Finances? What Personal Finance Documents can you Throw Away and When?
Most people have a “pile” of un-filed bills, or “financial clutter”. It’s just one of those rainy day tasks we never feel like getting around to doing. The first step to knowing what’s going on with your money is knowing what you have and where.
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Americans’ Income Over the years—We’ve Come a Long Way!
As we reflect this Labor Day, we can be thankful for our salaries. Yes, that’s right, as many people struggle to pay their bills, things were much worse before. Be glad it’s not 1860, when the average yearly income in America was $277.00! For 16
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Employers Supporting Military Families—an Important Job!
Today, more and more, members of the US National Guard and Reserves are being called to duty to serve our country. And, with that commitment, employers are being called on to help the members of the military and their families. The ESGR (Employer Support of
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Six-plus Year Car Loans- Big Help or Big Mistake?
This is definitely a sign of the times. People want to replace their old cars, the economy is struggling to recover, and automakers want to get their cars sold. So, instead of getting the traditional 5-year car loan, people are stretching their buying power by
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When You File Bankruptcy, Who Will Know?
Even though bankruptcy is much more common than it was in the past, and people are more educated about their financial options, people still are concerned about who will know. Most people don’t want their friends and neighbors to know their financial business. Bankruptcy is
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What happens when you sign a reaffirmation of debt of a car loan?
Here is a question that was asked on AVVO.com: I signed a reaffirmation of debt for a car loan in front of the court trustee. The terms were changed from the original purchase, in my favor. The loan company has absolutely tried every angle not
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With BankruptcyLawChicago, You are in the Driver’s Seat.
What does that mean: “You are in the driver’s seat”? For most people I meet with, going to see a bankruptcy lawyer is either the first, or one of the few times they have ever met with an attorney. And, many people might rather see
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Credit Scores – It’s How You Use Your Credit!
Over the years, I’ve had many clients who told me they had great credit. But, for many of them, the amount of credit they had available wasn’t the problem, it was how much of it they used. This is called “credit utilization”. By the time
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