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How the Coronavirus Will Impact Your Bankruptcy

  The coronavirus has impacted most aspects of daily life including issues involving the federal, state, and local governments. Courts have understandably adjusted their regulations in consideration of the pandemic, but there are still some obligations that people filing for bankruptcy should still make sure to meet. This article reviews some critical issues that anyone in the process of navigating bankruptcy should understand about the coronavirus. Bankruptcy Court Closures  While some se[...]

What to Avoid While Repairing Your Post-Bankruptcy Credit 

Many credit repair companies prey on people’s hopes to rebuild their credit. As a result, many people are left in the situation of wondering what they can and cannot do to rebuild their credit score. While there are various steps that you can take to rebuild their credit, this article reviews some critical steps that you should avoid taking as you rebuild your credit score. Do Not Expect Things to Happen Quickly Some credit repair agencies promise to improve credit scores within a short period[...]

How Will Bankruptcy Impact Your Tax Refund?

  Tax refunds are the end product when people pay more taxes during the year than what they actually owe. While you might not think it, tax refunds are a critical source of income for many Americans. It is common for people to wonder if they will be able to keep a tax refund check after filing for Chapter 7 bankruptcy. While it might not seem like a satisfying answer, the reality is that various factors influence whether or not you will be able to keep this amount.  How Bankruptcy Courts V[...]

Four Common Questions All Realtors Should Know How to Answer

Realtors do not have it easy. Among other challenges, realtors must deal with many people’s less-than-stellar opinions about them. Of course, in reality, the value of realtors might change between agents, but realtors are far from worthless. Realtors not only know how to sell properties, but they also understand how to seek out prospective buyers and sellers that someone might never find on their own.  To determine your worth as a realtor, sellers and buyers rely on many tactics including fir[...]

Resolving Common Errors on Credit Reports

Pursuing bankruptcy allows people to rebuild their credit score. After all, details about a person’s credit history are easily shared with creditors. While some of us think that credit reports are always accurate, however, the reality is that credit reporting agencies make several common mistakes on credit reports. To achieve the best credit score possible, this article reviews some of the most common mistakes credit agencies make on credit reports. How to Handle Credit Reporting Errors If you[...]

Property Trends in 2020

Since 2010, many real estate trends have come and gone. For example, many homeowners were concerned about losing their homes a decade ago. Today, Millennials are the dominant force in the real estate market rather than Baby Boomers.  The following reviews some of the various trends in the property acquisition process that the most adept realtors should understand. Buyers are Seeking Affordable Markets For years, various real estate markets hit high selling prices and bubble after bubble of hot [...]

When can You Stop Paying on Debts After Filing for Bankruptcy?

If you plan on filing for bankruptcy, you are likely left wondering various questions including when you can stop paying creditors. The short answer is that you should not. Despite this, many people stop paying creditors shortly before filing for bankruptcy and use this money to pay for the bankruptcy filing costs. If you intend on filing for bankruptcy but are not sure exactly when you will do so, however, it is common to end up wondering if it is okay to stop paying your debt. While there is n[...]

Weighing the Advantages (and Disadvantages) of an Open House

  For many years, realtors have relied on open houses to gain interest in a property. Like many parts of the property acquisition process, some realtors swear by open houses and others think the process is overrated.  If you are a realtor who is considering whether there is any reason for holding an open house, the following outlines the various advantages (and disadvantages) that you should consider. Reasons to Think Twice About Holding an Open House Some of the reasons why you should thi[...]

How Bankruptcy Impacts Existing Judgments

People in Florida who have existing judgments or liens often hesitate to file for bankruptcy. After all, many of these people believe that these types of legal instruments are final and that it is too late to pursue a good credit report. This is a misconception, however. The following reviews some important information to consider about the impact that filing for bankruptcy can have on existing judgments. Impact of Bankruptcy on Pending Judgments After filing for bankruptcy, an automatic stay is[...]

Factors That Influence Property Prices

One of the most critical factors to consider when selling a property is whether it has been appropriately priced. Realtors and their clients must make sure that the best possible price is assigned to the property, but this is often not easy to do. Overpricing a property can damage its appeal, even if you decide to drop the property’s price later. Underpricing a property will result in multiple offers and dashed expectations. While there is no universal way to price a property, there are some c[...]