Orlando Star Tower Files Chapter 7 Bankruptcy

Star Creations Development LLC, developers of the Orlando, Florida, condominium project, Star Tower, has recently filed for Chapter 7 bankruptcy. Owner, Steve Kodsi, opened the luxury building in 2007, never imagining the bursting of the housing bubble. According to an article on www.orlandosentinel.com by Mary Shanklin, half of the condo units remain unsold, almost four [...]

February 8, 2012 • Tags: Bankruptcy, Star Tower • Posted in: Bad Credit Guide • No Comments

There are cases when repairing credits also need certain factors. Oftentimes, you need to cut your credit cards to make sure that you will lessen your spending habits. And paying all your bills on time will also make a bigger change. Financial lawyers can be found online so there is nothing to worry about finding free help according to Reardon.

When people are faced with lots of payables and tons of financial worries to think of first thing that comes to their mind are the credit card bills that they need to pay. More and more individuals are starting to pay more for their credit card bills than for their mortgages and this report was [...]

Chapter 13 and a Hardship Withdrawal of Retirement Money

Image via Wikipedia Over 60% of Filers Do Not Complete a Chapter 13 A Chapter 13 bankruptcy is for qualified individual debtors who have an income and are willing to commit to a payback plan on a portion or all their debts, normally for 3 or 5 years. About 1 in 3 who file a [...]

January 17, 2012 • Tags: Chapter, Chapter 13 • Posted in: Bad Credit Guide • No Comments

Dealing with Credit Card Debt after Death

Dealing with credit card debt is usually not ranked high among people’s favorite activities. But dealing with the credit card debt of a family member after that person’s death can be even more difficult, both financially and emotionally. Here’s a look at how to handle credit card debts when Chapter 7 bankruptcy is permanently off [...]

October 3- 10 is National Financial Planning Week

If you were not aware, the week of October 3-10 is National Financial Planning Week in the U.S. www.foxbusiness.com reports that financial planners throughout the U.S. are offering free advice on how you can pay down your debt, create a workable budget and plan your future economic goals; that is, get your financial house in [...]

How to see your credit report

Thinking of checking your credit history but you have no idea how to get a copy? Well, here’s an article that can help you do just that! The passing of the Fair Credit Reporting Act (FCRA) has mandated credit bureaus to issue at least 1 free copy of a citizen’s credit report. This way, all [...]

December 3, 2011 • Tags: Credit Report, Report • Posted in: Bad Credit Guide • No Comments