Blogs

According to Google Trends, searches for “Give Back My Car” and “Voluntary Repossession” have doubled in the last 6 months. This after hitting a low point since the pandemic. There could be many reasons for this, inflation costs surrounding food and housing, overpricing cars when the dealer inventories were low in 2021 & 2022, or being tremendously upside down (owing much more than the car is worth).

The holiday season is a time of joy, festivities, and unfortunately, financial stress for many. As we dive into the season of giving, it’s crucial to approach it with a well-thought-out budget to avoid potential financial pitfalls.

The basis for issuing a security clearance in our country is predicated on full, open disclosure and detailed vetting. With that said, I always advise security clearance applicants that, if the government discovers that you have lied or made a misstatement or misrepresentation on the SF 86 form (previously completed through the e-Qip system and soon through the NBIS eApp portal), it is highly unlikely that you will EVER qualify for a security clearance in the future.

In Mississippi, mortgage holders can foreclose on mortgage or deeds of trust that are in default. The mortgage lender will usually begin the foreclosure on mortgage or deeds of trusts that are in default. The mortgage company will usually begin the foreclosure process after 120 days missed payments. The mortgage company can use either judicial or non-judicial foreclosure process.

When financial difficulties become overwhelming, seeking the assistance of a skilled bankruptcy attorney can be the key to a fresh start. Whether you’re an individual struggling with mounting debts or a business owner facing financial challenges, bankruptcy may provide a path to financial recovery. In this blog post, we’ll explore how bankruptcy works in Alabama

This is a recurrent ad for debt settlement companies that advertise services to help people resolve debts:

“Call our 800 phone number now and we can negotiate with your creditors under a little-known government program that will reduce your credit card debt and it is the secret that the credit card companies don’t want you to know.”

Alabama foreclosures account for 19.1% of all home sales each month, with an average home value of around $93,000. The foreclosure process in Alabama is short and can be completed in less than 60 days. Alabama is a non-judicial foreclosure state.

A reaffirmation agreement is a legal contract between a debtor and a creditor during a bankruptcy case. It specifically applies to secured debts, which are debts tied to collateral, such as a car loan or a mortgage. In a bankruptcy case, you have the option to discharge certain debts, meaning you’re no longer legally obligated to repay them. However, with a reaffirmation agreement, you essentially agree to continue making payments on a specific debt even after your bankruptcy case is concluded.

3-Part article series about the current state of the Security Clearance process

The best budget planner is one you can live with, so tweak your approach as needed. For example, the 50/30/20 breakdown is a recommendation to help you get started. Adjust your spending as needed until you reach your ideal budget.