Your first home can be your greatest source of pride and happiness – or the biggest reason why you are or will be wallowing in debt for years to come. Taking out a mortgage or housing loan to buy your dream home will leave you in debt to the lending company for the duration [...]
The idea of having no money or running out of it in retirement is a major cause of keeping a plethora of people wide awake at night. According to a study by the AICPA, it’s recognized as the No. 1 concern among clients of CPA financial planners. Over half of CPA clients have stated [...]
A debt management plan is NOT a loan. In a typical program, debt management companies work with creditors on your behalf to diminish your monthly payment and interest rates on your debt and waive or reduce any penalties. The parties make an agreement upon a reasonable payment schedule letting 3 to 5 years to [...]
After the housing crash in the early 2000's, thousands of people lost their homes to foreclosure or found themselves upside down on their loans, unable to sell their home to anything close to its original worth. The economy and market are changing, but homeowners still occasionally find themselves in a tight spot with their mortgage. And [...]