Compare Credit Cards

All those daunted by their poor credit due to County Court Judgement, defaults on payment, mortgage arrears, Individual Voluntary Arrangement or any other reason can now have a breather with bad credit mortgage loans.

A homeowner can now raise loans regardless of his less than perfect credit scores, if he pledges his collateral against the loan lent to him. A mortgage loan can be secured against home for a fixed long period of 25 years.

The various types of mortgages a homeowner with bad credit can consider are fixed, capped, variable, tracker, buy to let, flexible mortgages. Whether a borrower is looking out to refinance an existing loan, get a loan to purchase a new home, borrow to buy home and then let it out on rent or borrow against the equity in his home.

Read more…

Tags: Mortgage, Mortgage Loan

Anyone who has completed a Chapter 7 or Chapter 13 bankruptcy knows how increasing expenses can create a financial crisis, which could eventually lead to the necessity of seeking bankruptcy protection.  But just like all those “little things” can predictably add up to a debt crisis, there can be many “little things” that add up to big savings each month if you know where to save.  Here are a few to consider:

• Is your “free checking account” one that only used to be FREE? Economic times change and these days it is more likely that your bank charges a monthly fee for what used to be a FREE checking account.  If you need to keep a large minimum balance on the account to avoid service fees, then you might want to consider other local banks or online banks with lower or no minimum deposit requirements.
• Credit card balance transfer fees can cost. At some point

Read more…

Tags: 13 Bankruptcy, Bankruptcy, Chapter 13, Chapter 13 Bankruptcy

Many Consumer Debtors have a difficult time understanding how their attorney gets paid in a Chapter 13 case. So, today I want to discuss what is called an Application for Compensation. When you first meet with your attorney to retain them to represent you in your Chapter 13 Bankruptcy case, you are retaining that lawyer for a period of three to five years depending upon the length of your case.  You are also retaining them to not only manage the underlying case, but to provide ongoing counsel to you, and provide additional services that may give rise to their filing an application for compensation with the court in your case.

Here in the Central District of California, attorneys will enter into a fee agreement with their clients and most will also enter into a Rights and Responsibilities Agreement or “RARA.” However, the RARA is optional and some attorneys choose to charge only an hourly rate and will file an application for compensation with the court for managing the case from the start.

Read more…