CFPB Rule Clarifies Tenants Can Hold Debt Collectors Accountable for Illegal Evictions

How are foreclosures rising even though federal action has taken place? It seems these foreclosures are not happening to current live-in homeowners, rather they are foreclosing vacant and abandoned buildings, which can benefit neighborhoods and communities.
Although U.S. foreclosures have only risen 9% since last quarter, total foreclosures have risen 75% since last March 2020.
To learn more information about foreclosures during these moratoriums, click the link below.

All businesses have ups and downs. Business owners know that there are inevitable cases of financial struggles and monthly income losses. These kinds of unforeseen situations may lead to the inability to pay financial obligations. Thus, filing for bankruptcy might be your only option to solve this problem. This will allow you to pay off all your debts and have a fresh start after bankruptcy. This is also a great opportunity to rebuild your credit and stay out of debt.

Entertainment Daily reports that Kerry Katona, the former Atomic Kitten member, is once again back on her feet after several years of financial struggles. After many years of financial hardships and going bankrupt several times, Katona impresses fans (and anyone struggling with finances) by announcing that she is yet again a homeowner!
From the article:

There are different types of bankruptcy, and Chapter 7 Bankruptcy is one of the most commonly used. In a legal proceeding, the debtor petitions to have a fresh start and obtain financial freedom by discharging his debts. Chapter 7 Bankruptcy is also known as liquidation bankruptcy because this bankruptcy form will liquidate or sell your personal property except for some properties exempt by law. The proceeds of the sale will then be used to pay the creditors.

There is so much mis-information about bankruptcy and how it works, or does not work.  Know your options before making any decision to file or not to file bankruptcy or participate in a “debt workout scheme”.

Below is a YouTube video presented by John Oliver, who does a fairly decent job describing the challenges with filing bankruptcy, including the history of our current bankruptcy laws.
Please excuse the occasional foul language or crude comments.  The substance is worth the viewing.

Filing bankruptcy is a great debt relief tool especially after suffering from financial problems and unmanageable debt. There are different types of bankruptcy, such as Bankruptcy Chapter 7, Chapter 11, and Chapter 13. This article will try to give you a quick overview of how much it will cost to file bankruptcy and how a bankruptcy filing can get your debts wiped.

Although COVID-19 turned most industries upside down, the housing market is doing better than ever. Prices are skyrocketing, you’ll rarely see vacant homes, and only a few homeowners have completely been foreclosed on. Even if foreclosure is coming your way, the national housing shortage gives you the opportunity to sell your home for more than it’s worth…and fast!
From the article:

Arizona Bill wants Judgment Creditor to get paid before homeowners when house is refinanced (something Arizona law has not allowed since mid 1950s).
Concerns about Arizona HB 2617, especially with the amendments: will allow old and new judgments to attached to homesteads.