Author Archives: Bethany Lape
Chapter 13 Bankruptcy: I Just Got A Promotion, What now?
If you filed for Chapter 13 bankruptcy, you’ll be in a debt repayment plan for three to five years, and a lot can happen in that amount of time. One of the most common events to happen during...
Remember To Pay Yourself First
Even if you’ve eliminated most of your debts and you’re employed, paying yourself first and maintaining a savings is critical to having a healthy post-bankruptcy life. What does it mean to pay...
Is Getting A Secured Credit Card Really Worth It?
Reestablishing your credit is one of the cornerstones of thriving financially after bankruptcy. Having a good credit score means you will qualify for lower interest rates for credit cards, car loans...
Should I File Bankruptcy Before Or After My Divorce?
Getting divorced is a stressful process that can become even more arduous if accompanied by financial problems. Since divorce is one of the leading causes of financial ruin, it’s smart to consider...
Five Must Have Insurance Policies
Bankruptcy offers a fresh financial start, but you won’t get the best out of it if you’re not prepared for life’s unexpected disasters. Below are five insurance policies you must get after...
How Is My Home Equity Line of Credit (HELOC) Handled In Bankruptcy?
If you’re filing for bankruptcy and have a home equity line of credit (HELOC) there are a few things you’ll need to know about how your loan may be handled. If you decide to keep your home and...
How to Overcome Common Obstacles after Bankruptcy
Bankruptcy offers the promise of a fresh financial start, but it can also offer a few challenges in your day to day life. Below are four common obstacles you may face after bankruptcy and a few tips...
Can Creditors Resell Debt That Was Included In Bankruptcy?
After bankruptcy some filers end up victims of unscrupulous creditors who try to get payment for debts that were discharged. Often these debts reappear on your credit report as delinquent accounts,...
What Does A Good Credit Card Look Like?
Getting a credit card is one of the first steps to rebuilding your credit after bankruptcy. But how do you find a credit card that will help your financial situation and not hurt it? What does a...
The Benefits and Risks of a Second Mortgage
Taking a second mortgage will allow you to either receive a lump sum of money or open a new home equity line of credit (HELOC). How much equity you have is determined by the balance of your original...