Buying a car is likely to be one of your biggest loans, perhaps second in size to a mortgage. Those who are financially savvy will often come into a dealership with cash or a prearranged loan. While they are in business to sell cars, financial experts say that...
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Month: August 2018
Bankruptcy filer fights back against student loans
The Federal Reserve estimates that Americans owe $1.5 trillion in student loans. This crippling debt is forcing many working folks to file bankruptcy. One reason may be because those with federal loans (such as those through Sally Mae) get offers for additional loans...
Lake residents sue DNR
White Bear Lake sits on the eastern side of the Twin Cities, which is the largest metro area in Minnesota. The lake has been a destination for boating, fishing, swimming and other water sports as well as providing a view for many lakeside homes and restaurants....
Your lender doesn’t want your home but may try to take it anyway
Once your financial situation began to go downhill, you may have felt powerless to stop the downward spiral that led to trouble making your mortgage loan payments. Whether you have been unable to make full payments or to make any payments at all, your lender may be...
Your personal debt can pass to spouse when you die
The loss of a spouse often leads to a time of great difficulty. This challenge is greatly increased if your spouse had an accrued a large amount of debt. In community property states like Texas, this means there is a distinct possibility that you will assume that...