by Michael B. Joseph, Chapter 13 Standing Trustee (Retired)
Con Artists Target the Vulnerable
Dianne C. Kerns, Chapter 13 Trustee, Southern Arizona
The truth is that there is no debt settlement program.
Keith Rucinski, Ch 13 Trustee, Akron, OH
At one time or another, most people will be asked to be a co-signer
Keith Rucinski, Ch 13 Trustee, Akron, OH
Some things remain on your credit after filing bankruptcy.
Keith Rucinski, Ch 13 Trustee, Akron, OH
You need to make a budget and allocate your expenses based on your income.
The Bankruptcy and Finance Information Network Exchange (BFINE) website compiles educational articles and information to help Americans learn more about personal finance options and make informed decisions for their financial future.
Too often decisions are made based on myths or fear instead of facts. No matter the financial situation, there are steps everyone can take toward financial security.
You are not alone. There are professionals willing to help everyone recover from unfortunate circumstances and financial mistakes.
When you make educated financial decisions, everything will BE FINE.
NACTT
With the Supreme Court opinion on the Biden Student Loan Debt Relief Program, the National Association of Chapter 13 Trustees (NACTT) remains committed to helping Americans who face financial hardship obtain a fresh start through bankruptcy.
Dianne C. Kerns | Chapter 13 Trustee | Southern Arizona
We’ve all heard the radio advertisements: “If you have more than $10,000 in credit card or tax debt, you may qualify for a new program that credit card companies don’t want you to know about. Settle your debts for pennies on the dollar without filing bankruptcy.”
Keith Rucinski | Chapter 13 Trustee | Akron, OH
There is nothing like graduating from school. No more staying up all night writing a term paper or cramming for a test. No more anxiety about that final exam and hoping you passed the course. It is now time for the “real world” and your first full time job.
Keith Rucinski | Chapter 13 Trustee | Akron, OH
Bankruptcy is designed to help individuals who have fallen on hard times to have an opportunity for a fresh financial start. The hard times are usually not by choice. Health emergencies can happen to anyone, often resulting in large expenses that insurance does not cover. Every year people start new businesses that are not always a financial success
Jason Wilson Aguilar | Chapter 13 Trustee
Most of us at one time or another have financial difficulties, but what should you do if you are unable to make your auto loan payments? The key is to be proactive. You are not necessarily out of options if you are already delinquent.
Jason Wilson Aguilar | Chapter 13 Trustee
Yes, you can file a bankruptcy case without a lawyer. The real question is whether you should file a bankruptcy case without a lawyer who specializes in bankruptcy law. In my opinion, the answer to that question is no.
Keith Rucinski | Chapter 13 Trustee
The American bankruptcy system is designed to help the innocent person who has fallen on hard financial times earn a bankruptcy discharge (discharge is a legal term meaning to successfully complete a bankruptcy plan).
BFine Administrator
Managing your financial future is easier when you understand what is being said. Below are some of the key terms that are used with finance and bankruptcy.
For more definitions visit: Bankruptcy | Financial
The student loan pause is actually, definitively coming to an end after over three years. President Joe Biden is soon expected to sign the debt ceiling bill approved by the House and Senate earlier this week. The compromise measure would preserve Biden’s signature student loan forgiveness plan, but would codify the end of the student loan pause.
Bankruptcy. It’s a word that evokes dread in many Americans. Why? Because it may feel like the end of the road, the last resort, the end, in a way, of the game of debt. But how does one know it’s time to file for bankruptcy?
The Biden administraiton has made it easier to file for bankruptcy and cover student loans. But is that a smart financial step? Fox 2 Detroit reporter, Roop Raj, dive into the new reglationgs regarding bakrupty and student loans in the United States.
Keith L. Rucinski | Chapter 13 Trustee
Bankruptcy Legend: I do not need a lawyer to file Bankruptcy, all I have to do is complete some forms. In the United States people can choose to represent themselves in court, including bankruptcy court. The term to represent yourself without counsel is “pro se”.
Whether you're stuck in a cycle of debt, earning too little to maintain your desired standard of living, or simply wanting to get a jump on saving for a major financial goal, such as buying a home or investing, you may need help to get on track with your objectives.
As someone who gets credit report notifications, you should be familiar with changes in your credit score. It is quite common for your credit score to fluctuate with minor increments. If you ever rejoice when your credit score increases, you are likely know the dread when it drops.
Times are challenging in America with the coronavirus. You may be experiencing the stress that comes with financial hardship and are considering a Chapter 13 bankruptcy.The purpose of this article is to inform you about the most important things about bankruptcy.
Melinda Opperman, President, credit.org
When people are struggling with their debts, they have a lot more options than they might realize. There are professionals, non-profit organizations, and free online resources available to help no matter how one’s personal finances look.
Bankruptcy can offer lasting financial relief to people struggling to repay their debts, but it comes at a cost. A bankruptcy filing can stay on your credit report for up to 10 years, flagging you as a risk to lenders. This can make it harder to get approved for new, affordable loans until you rebuild your credit. Here's how bankruptcy can affect your chance of getting a car loan.
A public education project of the National Association of Chapter Thirteen Trustees
© 2021 BFINE
DISCLAIMER
The materials on this website are for general information purposes only and should not be construed as legal advice, legal opinion, or any other advice on any specific facts or circumstances. You should not act or refrain from acting upon this information without seeking professional advice.