Tag Archive for: home refinance

Chapter 13 Bankruptcy and Mortgages

Chapter 13 bankruptcy is a legal process that allows individuals with regular income to reorganize their debts and develop a repayment plan over a specific period, usually three to five years. Unlike Chapter 7 bankruptcy, which involves liquidating assets to repay creditors, Chapter 13 focuses on creating a structured repayment plan while protecting your assets, including your home.Read More

How To Refinance A Home With Low Income

Here's a common situation many homeowners face: the old mortgage has a much higher interest rate than the rates available today, and you could save hundreds of dollars each month by refinancing. Your home has built up plenty of equity, so no problems there. However, there is one issue; you don't have enough income to be eligible for the loan you need.Read More