Your Best Foreclosure Defense is Persistence
per · sis · tence 1. going on stubbornly or resolutely despite opposition or warning 2. insistent repetition of a question or opinion In Washington, D.C. you need both of these definitions to put forth a strong foreclosure defense. Your best foreclosure defense is persistence. Go on resolutely The plaintiff may file several motions against you […]
Spend Time, Not Money, During the Holidays
Increasingly, Americans are experiencing time famine, the feeling of having too much to do and not enough time to do it. Life is so fast-paced now. The feeling of not having enough time can drastically affect your level of happiness. In turn, your personal connections with the people whom you hold most dear can be compromised. […]
Bankruptcy Could Help You Keep Your Security Clearance
All security clearance levels are subject to periodic reinvestigation. Confidential clearances require renewal every 15 years, Secret requires every 10 years, and Top Secret requires reinvestigation every 5 years. Bankruptcy will definitely affect your initial security clearance review and, in some cases, can present a hurdle. But if you already have a security clearance and […]
4 Tips to Protect Yourself from Credit Fraud
The recent Equifax breach has left 145.5 million Americans facing a lifetime of higher risk for credit fraud. All Americans should now assume that their most sensitive financial data has been compromised. Here are 4 tips to protect yourself from credit fraud. 1. Freeze your credit file. The very best way to protect yourself from […]
Feds Sue the Nation’s Largest Debt Settlement Company
On November 8, 2017, the Consumer Financial Protection Bureau (CFPB) sued the nation’s largest debt settlement company, Freedom Debt Relief, part of the Freedom Financial Network. According to the CFPB, Freedom deceives consumers by charging them without without settling their debts as promised. Freedom instead expects its customers negotiate their own settlements, misleads them about […]
Student Loan Debt in DC, Virginia, and Maryland
In October 2017 the Consumer Financial Protection Bureau (CFPB) published a 50 State Snapshot of Student Debt. Since its formation, the CFPB has handled tens of thousands of complaints related to student loan lenders, servicers, and debt collectors. Student loan debt in DC, Virginia, and Maryland is truly enormous. Total outstanding student loan debt in DC is $6.76 […]
9 Options When You Can’t Afford Your Mortgage Anymore
Owning a home comes with a lot of responsibility. But the toughest part of owning a home may be realizing that you you can’t afford your mortgage anymore. Lots of different circumstances can lead to an unaffordable mortgage payment. But you have options if you take a proactive approach. 9 Options When You Can’t Afford […]
New Chapter 7 Means Test Numbers Take Effect
New Chapter 7 means test numbers take effect November 1, 2017. The means test numbers purport to state the median income per family size based on jurisdiction. To file a Chapter 7 bankruptcy, you must qualify under the Chapter 7 bankruptcy means test. In most cases, your income must be less than or equal to the […]