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Mortgage modification offers after Chapter 13

Many people consider bankruptcy because of bills and financial responsibilities that exceed their savings and income. According to the National Association of Realtors, the average monthly amount for mortgages is $1,061, and this can become burdensome. If you have filed for Chapter 13 bankruptcy, though, you may receive an offer from your lender for a modification. These agreements have pros and cons, and there are a few things you should know.

Take advantage of a low interest rate

What to know before getting a no-interest credit card

A no-interest credit card certainly sounds appealing, but if you have ever taken a credit card company up on such an offer, you may know that things do not always work out in your favor. No-interest credit cards allow you to make purchases without assessing interest on the amount accrued, but only for a specified amount of time.

Once the no-interest window has closed, you will have to pay interest according to your card’s standard annual percentage rate. This can prove problematic if you still have a considerable balance on your account at the end of that grace period. So, before you apply for that no-interest credit card or sign on the dotted line, consider the following.

3 ways to get out of debt when it is too much

Millions of Americans file for bankruptcy every year because they find themselves in over their heads when it comes to debt. Some things that increase debt are out of your hands, such as overwhelming medical bills from an unexpected illness or injury, an unexpected job loss, or lack of the ability to make smart financial choices.

Debt is not limited to those who make poor choices when it comes to spending. Even those who totally prepare for the future may deal with a significant tragic event that changes the course of their lives. The following tips are ways to help you get out of debt when you find yourself in a place you cannot get out of.

Should Uncle Bob be the executor of your estate?

If the time has come for you to consider naming an executor for your estate, the mere thought of it may be keeping you up at night. You hesitate to put such a burden on your spouse, and your only child lives on the opposite side of the country and is busy with a family of her own. That only leaves one other close family member, Uncle Bob - but is he the right choice?

Considering bankruptcy in Mississippi? Consider this.

If you are struggling to make ends meet, you are not alone. The Administrative Office of the United States Courts reports that there were over 11,000 filings for bankruptcy in Mississippi over a twelve month period ending September 30, 2016.

If considering bankruptcy, it may help to know some of the benefits of the process. Three examples include:

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