Losing one’s job has many different financial implications, but perhaps none are more worrisome than falling behind on mortgage payments. Foreclosure can come faster than most homeowners realize, too. Thanks to a current ban on foreclosures, Texas homeowners who are...
Will your estate plan include your grandchildren?
If you have grandchildren, you know what a joy they can be. Because you may have been stressed raising your own children, grandchildren give you the chance to relax and enjoy watching them grow. You may also wish to do something special for your grandchildren beyond...
Divorce mediation offers several advantages
Choosing to get a divorce is not an easy decision for anyone. Any spouse might hesitate to end a years-long relationship that involves children and a wealth of shared property. Many people imagine long and painful courtroom dramas, where judges only hand down...
Which comes first, divorce or bankruptcy?
Financial difficulties often bring about stress in a marriage, and this is why those considering divorce may also be looking into the option of bankruptcy. Dealing with financial stress at the same time as being in a toxic relationship can be an extremely stressful...
Budgeting to avoid foreclosure
If your finances have suddenly become troubled due to an unexpected job loss or another financial restraint, it's important that your lifestyle changes reflect your lowered disposable income. If you have started to worry about whether you will be able to afford basic...
Why divorce is a big financial risk
If you earn less than your spouse and you're considering filing for divorce, making this decision is a scary one. You've become accustomed to living the lifestyle that you currently enjoy. While you want to give up your relationship, you don't want to part with your...
Negotiation is the key to stopping foreclosure
Foreclosure is not a good solution for anyone. The debtor will lose out because they will lose their home and any payments they have made toward the mortgage. The creditor also loses out because they have to put a lot of time into attempting to collect missed...
What are the advantages that come with divorce?
If you have found yourself in a situation where you feel that divorce is the only option, you may be wondering how you ended up in this situation. It's possible that you now have a negative attitude to life, and you may also be feeling pessimistic about the future....
What is foreclosure by power of sale?
If you have not been meeting your mortgage payment obligations for a significant period of time, you'll likely be facing foreclosure proceedings. Foreclosure is never a good situation to be in because it will lead you to lose your home, and you'll potentially lose any...
Can loan modifications help me to avoid foreclosure?
If you are worried about being able to afford your loan repayments in the future, you should make sure that you address this issue as soon as possible. If you do not address the problem in a good time frame, you could find yourself in a position in which foreclosure...
