DJ Whiteside

Nov 21, 2024 | bankrate.com | DJ Whiteside |Aylea Wilkins

Credit counseling could help if you’re struggling to repay your debt. Debt management plans, bankruptcy counseling, student loan counseling and housing counseling are all popular credit counseling services. Before working with a counseling service, try working directly with your lenders or creditors to resolve your debts. Managing debt is no easy task, especially if you have a variety of debt from different sources such as credit cards, a mortgage, student loans and auto loans.

Nov 15, 2024 | bankrate.com | DJ Whiteside |Bev O'Shea |Aylea Wilkins

The court could dismiss your case or change it to Chapter 7 if you’re late on your Chapter 13 payment. You can request a payment reduction or amendment if you’ve faced an unexpected financial hardship. If you miss a payment or think you could be late in the future, reach out to your bankruptcy trustee or your attorney immediately and let them know. Chapter 13 bankruptcy, also known as reorganization bankruptcy, allows certain debts to be discharged without giving up important assets.