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I thought that you should all take a look at this...
www. CreditCard. org is a website that helps consumers with customized searches related to credit card problems.
Posted on: Jul 03, 08 10:15 am by: John McMullin
I found this while looking on the internet...
The reason: its long-term negative impact on your creditworthiness. A bankruptcy stays on your credit report for 10 years, and can hinder your ability to get credit, a job, insurance, or even a place to live.
Also, be wary of any advertisement that offers to sell you a document you can use to "legally" eliminate an outstanding credit card balance or other debt, don't believe it.
Posted on: Jul 02, 08 04:36 pm by: Julie Sagustume
What do you all think of this?...
A more likely cause of the increase in bankruptcies is that a borrower experiences some unusual financial hardship, such as the loss of a job or overwhelming health care costs. Congress wisely is completing bankruptcy reform legislation right now that protects people who face these kinds of catastrophic loss. The legislation also brings greater fairness to the bankruptcy system.
Posted on: Jul 02, 08 06:20 am by: Jim Vanderhoven
I thought that you should all take a look at this...
But if paying down the house puts you behind in saving for other goals, then stick to a 12-month mortgage and send the money that would have been the 13th payment to a tax-advantaged account.
Dayana Yochim has all that, a bag of chips, and a fully stocked 401 account. Grab a cold one and check out The Motley Fool's disclosure.