Press Room

Facebook Friends May Affect Credit Worthiness

Most Facebookers (noun. A person using the social networking website Facebook) know that “friending” someone can enhance or soil a personal reputation. Companies use social media regularly as part of the hiring process. A person’s online reputation may be the difference between getting hired and losing a job opportunity. Recently it was discovered that Facebook...

Prospective Students Get New College Selection Tool

Once upon a time, a college degree ensured a bright future. In fact, an entire previous generation taught their children to work hard, go to college, and stay away from trouble. That seemed to be a recipe for success. Maybe is still is, but it has become harder to find the right ingredients to make...

Minimum Age to File for Bankruptcy Protection

There are minimum ages that are milestones as you go through life. Typically, age 16 means a driver’s license; age 18 means you can vote; age 21 means you can purchase alcohol; age 35 means you can be elected President of the United States (like your kindergarten teacher predicted for you); and age 65 means...

Simple Guide to Rebuilding Your Credit after Bankruptcy: Part Two

Note: This article is a continuation from Part One of the Simple Guide to Rebuilding Your Credit after Bankruptcy. Six Months after Discharge Apply for an unsecured credit card. An internet search will help in your research to find unsecured cards for individuals with a recent bankruptcy discharge. If you are declined, call the company...

Simple Guide to Rebuilding Your Credit after Bankruptcy: Part One

This is a simple guide for rebuilding your credit after a bankruptcy discharge. Recovering from the effects of bankruptcy takes time and attention. This guide suggests a basic 24 month timeline for rebuilding credit. T minus One Before your bankruptcy case is discharged, be sure to review your bankruptcy schedules and consider how your financial...

Green Tree Servicing Hit with CFPB Fine, so Rebrands Itself (Naturally)

In April of 2015, Green Tree Servicing agreed to pay a $63 million fine from the Consumer Financial Protection Bureau and the Federal Trade Commission for “mistreating borrowers” after failing to honor modifications for loans transferred from other servicers, demanding payments before providing loss mitigation options, delaying decisions on short sales, and harassing and threatening...

Does the Bankruptcy Court Owe You Money?

In a strange case of irony, the Wall Street Journal recently reported that the federal bankruptcy courts around the country are sitting on money that belongs to others. The Wall Street Journal reports that Each bankruptcy court holds onto unclaimed money for several years before turning it over to the U.S. Treasury. The exact amount...