Monthly Archives: May 2025
Is Debt Settlement a Good Idea?
If you have more debts than you can comfortably pay and a bad case of bankruptcy-phobia, then yes, debt settlement is usually a good idea. Generally, if unsecured debt payments, like credit card payments, exceed 15 percent of your gross income, that debt is difficult or impossible to repay. As for bankruptcy-phobia, many people… Read More »
How Soon Can I Buy a House After I File Bankruptcy?
By the book, most people can buy a house between two and four years after they file bankruptcy. These waiting periods are Fannie Mae standard waiting periods. The exact length depends on the type of loan, type of bankruptcy filing, and a few other factors. Waiting the required number of months isn’t enough. Prospective… Read More »
