Living in the New Bern area has given you the opportunity to secure a good paying job and afford a comfortable lifestyle. Unfortunately, you find yourself with some unexpected financial obligations that are beyond your means to pay. Though you do not have the cash you need to pay them, you might find yourself wondering if it is a good idea for you to use your credit cards to pay them.
One incident can create a negative wave that sends a business down a financial hole. Thankfully, people and business have options, such as Chapter 7 bankruptcy filing, that aid them in getting back on their feet.
If you are under financial stress and wondering how you can deal with mounting debt, bankruptcy may present a solution for you. Chapters 7 and 13 of the U.S. Bankruptcy Code detail two ways individuals may file for bankruptcy. Understanding how each of them work can help you figure out the right path for yourself.
People who begin having difficulty with their mortgage payments often hear the advice to work out a payment modification plan with their lender. Unfortunately for one California couple, such an attempt resulted in disaster.