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by Jim (USA) OK, as much as I hate to admit it 😉 here’s my “worst money mistakes” story… In the late 1990’s, when Ty Beanie Babies were hot, I had gotten a few, not even sure why or how. Then I realized that some were very popular and hard to find. So they were […]

Finding the best low rate fixed mortgage will help build equity in your home faster than taking out an interest only loan. Mortgage Tip: A traditional mortgage is an equity builder. This is probably the most recognizable mortgage type. Your parents probably had one. Their parents also most likely had the same type. The single […]

Everyone yells, “BEST CREDIT CARDS HERE” … so much so you have to wonder if they are telling the truth. With so many credit card options being offered to us on a daily basis, choosing the best for you is not always an easy task. In fact, you should go through a series of considerations […]

You can’t get the best credit card rate until you understand the APR features of credit cards, then you can make an intelligent choice and get the right card for you. Choosing the best card from the extremely vast amount of choice available to today’s customers is not an easy task at all. Each credit […]

Getting the best credit card deals comes from due diligence and research on your part. Understand credit card features, cash back and points earned on credit card rewards programs before you apply. Credit Card Features: Before picking the card that will best work for you, it is important for you to go though all the […]

The Mortgage Forgiveness Debt Relief Act of 2007 (MFDRA) offers relief to homeowners by exempting them from taxes owing on forgiven mortgage debt. Prior to this Act, any time a lender canceled a debt, the forgiven amount was considered income to the debtor and, therefore, could be taxable. Benefits of the MFDRA In difficult economic […]

Filing bankruptcy is often considered the last choice for debt relief because of its complexity and cost as well as the massive effect it has on the credit rating of the filer. However, while a last resort, it can get you out of debt! Bankruptcy is offered under Federal Law through the U.S. District Court […]

The Bankruptcy Means Test is one of the most significant changes implemented for Chapter 7 filers by the (BAPCPA) Bankruptcy Abuse Prevention and Consumer Protection Act, passed in 2005. Due to the new law, you may be required to use Chapter 13 instead of Chapter 7. What is It? Prior to the Bankruptcy Abuse Prevention […]

There is a direct connection between bankruptcy and credit report ratings; however, filing bankruptcy is not necessarily the end of the world. Sometimes, unexpected things happen, and with the current economic climate, there are many people experiencing financial difficulties. Finding a Solution If you find yourself looking for a solution to overwhelming debt, you are […]

Here are a series of FAQs and articles to answer questions on bankruptcy law, the types, rules and tips to help you decide if filing is right for you. Should You Consider Bankruptcy? You may be wondering whether you should consider bankruptcy to get your finances under control. You are also very likely stressed and […]