Income Instruments

The current mortgage crisis began in the 2006-2007 time-frame, when there was a large increase in mortgage defaults and foreclosures; particularly with so-called “sub-prime” mortgages. By late 2008, the crisis grew to the point where it threatened the existence of several leading Wall Street banks, and incurred the possibility of dragging the entire U.S. economy [...]

A debtor education course by an approved provider should include info on building a budget, managing money, utilizing credit carefully, and other resources. Like pre-filing counseling, debtor education might be provided in person, on the phone, or on the web. The debtor education session might keep going longer than the pre-filing counseling – about two [...]

It is actually simple to tackle with finance problems when you have enough cash with you even towards the end of the month. Yet somehow, this looks extremely tough as many of us usually end up spending almost all of our wage on shopping and satisfying other personal requirements in the beginning of the month [...]

With the specter of a financial downturn – and perchance a recession – clearly on the horizon, it’s comprehensible that folks are nervous about their financial security and that of their family and friends. As the rates of jobless tick upwards, folks start to wonder whether or not their jobs are secure and, if not, [...]