In a Nutshell To summarise, it can generally be seen that a bankrupt would have no capacity to sue or be sued. Additionally, the bankrupt may commence leg...

Is My Bankruptcy File a Public Record? The short answer is yes. Why are bankruptcies public record? Bankruptcy cases are court proceedings. Court proceedi...

A short sale will blow a hole in your credit score, dropping it as much as 100-150 points, depending on where you started. The higher your credit score, t...

Generally speaking, negative information such as late or missed payments, accounts that have been sent to collection agencies, accounts not being paid as ...

The Haymarket Riot (also known as the “Haymarket Incident” and “Haymarket Affair”) occurred on May 4, 1886, when a labor protest rally near Chicago’s Haym...

In most cases, judgments can stay on your credit reports for up to seven years. This means that the judgment will continue to have a negative effect on yo...

Do debt management companies charge fees? There are some debt management companies that charge fees for their plans, and these charges vary. On average th...

Options could be: Forbearance: Your mortgage payments are paused for a period of time. A repayment plan: You agree to repay the amount you owe in regular ...

What to Do if You Can’t Make Your Car Payments Sell the vehicle. If your car is worth as much as or close to the balance on your account, selling it could...

What would happen if you bought a house and later found out that there were unpaid liens against the property? Nothing. The former owner owes the money on...