You've found the one. You've planned the wedding. You're ready to walk down that aisle, but you want to know, when your officiant asks "if you take this person to be your spouse, for richer or for poorer," what are you agreeing to?
If your holiday spending got out of control and you are wondering how you are going to pay your credit card debt, you are not alone. In fact, it has been reported by NerdWallet that the average American household has approximately $15,000 in credit card debt. But how do you payoff your credit card debt and still afford the necessities and save for your retirement? There is no easy answer.
One of the most common questions we get from our clients is whether they can buy a home after filing for bankruptcy, and if so, how long they must wait to be eligible to do so.
There have been recent studies that indicate an increasing number of senior citizens are seeking bankruptcy protection. Many people believe they have saved enough to retire, but quickly realize that they did not. Additionally, it is difficult to support yourself on Social Security alone, especially if you have accumulated any debt.
When you emerge from bankruptcy, you have a fresh financial start. Thus, it is important tohave a clear strategy for re-establishing good credit and finances after bankruptcy. Below are a few tips to consider: