We like to discuss goals in our free initial consultations.  After all, as financial counselors, we can’t effectively assist our clients if we don’t understand their goals.  When it comes to a car, we have a few options to consider....

What does it mean to reaffirm a debt? When you file for bankruptcy, you break every contract you have with all of your creditors, including your secured lenders (your mortgage lender, your car lender – any debt that is secured...

Reaffirming a debt in a Chapter 7 bankruptcy involves the Debtor signing an agreement with the creditor agreeing to remain personally on debt even though the Debtor filed bankruptcy.  It is not necessary to reaffirm debt to keep collateral like...