Three quarters of Americans regret not having enough savings tucked away for emergencies, a widely shared sentiment especially in the wake of the pandemic. Having adequate savings for periods of unemployment or to cover unexpected expenses is something all too many Americans lack. Millennials and Gen Xers in particular have little tucked away in savings compared to people 55 and older, who have had more time to set funds aside for emergencies. Even so, most savers often come up short; it is … [Read more...]
Archives for May 2021
Google Rating
Based on 66 reviews
Facebook Rating
Based on 7 reviews
Yelp Rating
Based on 1 reviews
HELOC and Bankruptcy Protection
Bankruptcy debt can be secured or unsecured, each subject to different treatment under the Bankruptcy Code. Debt that is secured with collateral of the ‘right to setoff’ or a ‘lien on property’ ensures the repayment of the obligation if a borrower declares bankruptcy. Can an automatic stay protect a home used as collateral for a loan? Many who are considering bankruptcy want to know if they can protect property used as collateral, such as their home (think HELOC) or automobile. Although a … [Read more...]
Google Rating
Based on 66 reviews
Facebook Rating
Based on 7 reviews
Yelp Rating
Based on 1 reviews