Month: August 2012

New Short Sale Guidelines Announced

New guidelines by the Federal Housing Finance Agency will expedite short sales and help some homeowners and banks avoid foreclosure. According to the FHFA, the guidelines: Reduce the amount of documentation required to expedite a short sale for borrowers in serious...

“Should I file bankruptcy?”

This is a question that many people in debt mull over daily. How much debt is "too much?" Is bankruptcy "giving up" or "starting over?"The truth is that debt does not get better on its own and some "solutions" offered by debt relief companies will only extend the...

What not to do before your Texas bankruptcy

When you face overwhelming debt, the last thing you want to think about is what not to do with that debt. Instead, you want to focus on a better future, a future after bankruptcy.For a bankruptcy to be successful, however, there are some things you should avoid doing...

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