Identity Theft and Bankruptcy

The kind of identity theft that most often leads to bankruptcy is perpetuated by someone KNOWN to the victim.  The usual scenario involves  someone knowingly allowing a friend, family member or associate apply for and use credit in his or her name, because the other person isn’t credit worthy but agrees to pay the bills. [...]

Settle Debts or File For Bankruptcy Protection?

Sometimes I think people read our blog and wonder if everything we say is designed to get people to stop trying to pay their debts and just file for bankruptcy protection.  Then I come across a story like this about the downside of trying to settle debts either with or without involving a “debt settlement” [...]

Foreclosure Prevention Resources

To supplement our series for Distressed Homeowners, I found some resources to help preserve home ownership, avoid foreclosure, and protect against foreclosure and debt elimination scams. Before you work with a firm that claims it can help you “rescue” you from foreclosure be sure to familiarize yourself with: Foreclosure “rescue” and refinance fraud Fake “government” [...]