June 2017 Archives

Debt obligations may not end after your car is repossessed

Car repossession is an unsettling moment, whether you discover the vehicle missing or you see the tow truck take it away. For Yvette Harris, that “moment” has lasted more than ten years. She continues to pay for a 1997 Mitsubishi, a now twenty-year-old, “vintage” car she no longer owns.

How an inherited property's environmental issues can hinder heirs

If you have lived a relatively simple life, putting your affairs in order can be pretty straightforward. You probably want to leave a little something to charity, and you hope your children can get a nice price for your house and land. However, that hope may have been significantly diminished when you discovered that your property has environmental issues.

The story behind national and individual state foreclosure rates

The Great Recession created unprecedented levels of economic havoc. Foreclosures throughout the country reached history highs. In 2009 alone, one in approximately 45 American households was in the process of foreclosure of their homes.

What happens if you die without a will?

Do you have a will? If you do not, you may want to consider the many practical and financial benefits of taking this important step. Many avoid estate planning because they believe it is something only necessary for the wealthy, but, in reality, it is a smart move for anyone who wishes to control what happens to their stuff and hard-earned assets in the future.