Month: February 2018

Can Student Loans be Discharged in Bankruptcy?

  Student loan debt is a growing problem in the United States as the cost of higher education and difficulty obtaining employment with a reasonable salary combine to make life difficult for college graduates. As of 2018, American citizens owe over $1.4 trillion dollars in student debt, outpacing the nation’s multi-billion dollar credit card debt. Student loan debt can create a crippling burden for people of all ages, eventually leading to the need to consider bankruptcy as an option for f[...]

Preparing Your Buyer for Closing

Closing day is an important milestone in the life of a homebuyer. Regardless of whether a buyer is purchasing his or her first home or fourth, finalizing the transaction is an exciting day. While the homebuyer is eagerly anticipating becoming the owner of his or her dream property, the real estate agent is working hard to ensure that the process goes smoothly. As a realtor, one of the best things that you can do for yourself and your client is make sure that he or she is adequately prepared for [...]

Top Three Benefits of Filing for Bankruptcy Relief

Over the last three decades, approximately one in 10 adults in the United States filed for bankruptcy relief. Even though filers often feel as though filing for bankruptcy is a sign that they have failed to manage their money properly, the reality is that most filers are hardworking individuals who have recently suffered a significant financial setback. Job loss, divorce, and medical issues are the leading reasons cited for bankruptcy filing, with the average filer being an educated full-time wo[...]

Closing Day Surprises

One of the most exciting days in any real estate transaction is closing day. The day the sale is finalized is one of triumph for the buyer, seller, and their real estate agent. Unfortunately, even the most organized and thorough realtor can find themselves dealing with less than pleasant closing day surprises. No matter how hard you work to prepare yourself and your clients for the big day, it is not unusual to be blindsided by something out of your control at the last minute.  Being aware of a[...]