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Tag Archives: bankruptcy candidate

What is Foreclosure and How Do You Avoid It?

Banks initiate foreclosure on homes in an effort to recover the outstanding balance on a mortgage or loan on which the borrower has stopped making payments. Mortgages and other home loans are categorized as secured loans — loans taken against specific, physical collateral. If you fall too far behind on your loan payments, the lender… Read More »

Am I A Candidate For Bankruptcy?

Even if you are having problems and issues with debt, you still may be unsure as to whether you are a candidate for bankruptcy. Look over our Debt Test below and see how you score. If you answer “yes” to the majority of these questions, you are probably a good candidate for bankruptcy. Are you… Read More »