Posts by On Behalf of Giddens & Gatton Law, P.C.
Are your negative feelings tied to your overwhelming debt?
Like many New Mexico residents, you likely have your finances on your mind. However, rather than the simple thought of reviewing your savings or checking account, you may think about money constantly throughout the day. You may think of your debt as you buy lunch or wonder what purchases you can skip in efforts to…
Read MorePost-bankruptcy: Beware of credit repair scams
Credit is one of the main concerns individuals have when they file bankruptcy. They fret over how bankruptcy will impact their credit, credit score, and many future opportunities that involve credit, such as obtaining a mortgage. After receiving a fresh start through their bankruptcy discharge, people look for ways they can improve their credit so…
Read MoreHow can you know if Chapter 7 or Chapter 13 is right for you?
It is not easy to make the choice to file for bankruptcy. Maybe you made this choice after months of struggling to keep up, or maybe you are tired of dealing with constant contact from creditors and debt collectors. You’ve had enough, and you’re ready to seek a better financial future through the bankruptcy process.…
Read MoreWhat is a reaffirmation agreement?
Filing Chapter 7 bankruptcy can help individuals find the relief they need from the debt that weighs on their shoulders. However, the bankruptcy process can involve several additional details, documents and agreements, that can make this process even more complex. So, let’s take a look at one such agreement that individuals might use during their…
Read MoreFinancial crisis symptoms that warrant Chapter 7 exploration
Many married couples in New Mexico are also in business together. In fact, some spouses were business partners long before they decided to become life partners, as well. If you and your spouse own a business together, you’ve likely encountered financial challenges at some point in your journey. If you’re like most business owners, you…
Read MoreIs filing for Chapter 7 bankruptcy worth it?
When in serious debt, most relief options sound appealing — that is, outside of filing for bankruptcy. Bankruptcy is something that you and many other New Mexico residents may feel like you need to avoid as you have likely heard nothing more than horror stories about this form of debt relief. Chapter 7 bankruptcy can…
Read MoreHow could bankruptcy affect a veteran’s disability benefits?
Unfortunately, the soldiers who dedicate their lives to serving our country often face significant financial struggles after they complete their duty. These struggles only become more of a challenge for veterans who have disabilities. Bankruptcy can help many people, including veterans, find the debt relief they deserve. However, many veterans might wonder how filing Chapter…
Read MoreUltimate Guide to Credit Counseling
Do you have questions about your credit counseling courses? This guide, provided by CC Advising, gives you all the details you need to know regarding what to expect from your courses and how to complete them. Ultimate Guide to Credit Counseling.
Read MoreWhen should you use a secured credit card?
Filing bankruptcy can help individuals find the debt relief they need and obtain a new financial start in their life. However, many people worry how bankruptcy will affect their credit score—and therefore, many future financial opportunities. While it is true that bankruptcy can have a significant impact on someone’s credit, there are ways that individuals…
Read MoreSeeking a mortgage after bankruptcy: What you need to know
For many Americans, buying a house is a huge milestone in their adult lives. It is a milestone of their financial independence. A home is without a doubt one of the (if not THE) most expensive assets that someone will own in their lifetime. This is why people worry about their house when they deal…
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