The Silver Lining to Filing Bankruptcy
Bankruptcy solves all sorts of financial problems. But when you’re facing the choice of filing bankruptcy, it can be easy to see only the downsides. If you decide that bankruptcy is the best option for you, try to focus on the benefits instead. Most situations are not as bleak as they seem, and there is […]
Income Driven Repayment of Student Loans
If you are struggling to make the monthly payments on your student loans, consider an income driven repayment plan for your student loans. These programs should make your federal student loan payments more affordable, according to the Federal Student Aid Office of the U.S. Department of Education: Income-driven repayment (IDR) plans are designed to make […]
Mediation is Not Required Prior to Foreclosure in Washington, D.C.
On July 7, 2017, the U.S. Court of Appeals for the District of Columbia Circuit made clear that mediation is not required prior to foreclosure in D.C. The decision came on appeal from Bank of New York Mellon Trust Co. N.A. v. Perry M. Bryant, 13-CA-007584(R)(RP). BNYM v. Bryant On November 8, 2013, Bank of […]
5 Common Credit Repair Myths
Credit repair could be considered more of an art than a science. How you, individually, repair your credit depends on how it was damaged in the first place. Educating yourself about how you can repair your credit is smart, but don’t fall for the traps. Here are five common credit repair myths. 1. A credit […]
Where Should I File Bankruptcy: DC, Maryland, or Virginia?
Washington, D.C. is one of the most transient metropolitan areas in the world. People not only move into and out of the District. They also move between D.C. and Maryland and Virginia. There are distinct differences between filing bankruptcy in DC, Maryland and Virginia. So where should I file bankruptcy? Jurisdiction is usually based on […]