The two most common things I life that we can not lift or run away, is death and taxes. One would think that if you have a student loan with a mortgage and then went bankrupt, you all your debts are erased years ago. Well, you thought wrong. After a student loan as a liability [...]
During the boom years, all you had to worry about was the color to paint your home. Everything else was just great as house values kept on going up, releasing ever more housing equity as collateral for your loans. Now we have a recession and a wave of foreclosures has been sweeping across the land. [...]
Debt consolidation involves taking one loan to clear many others. Many people do this to secure a lower interest rate or to secure a fixed interest rate. Consolidation also helps one to service only one loan. Often, consolidation involves a secured loan against an asset or assets that are used as collateral. In other times [...]
