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Can bankruptcy help you catch up on delinquent real estate taxes which have been sold to a tax purchaser? Perhaps, through a chapter 13 bankruptcy. A chapter 13 is essentially a consolidation of your debt. Your debt is combined into one payment which is made each month to a trustee. The trustee then pays your creditors according to the terms and conditions of your chapter 13 plan which generally ...
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Credit card debt is the worst. They are designed to keep you in debt for the better part of your life. If you carry a balance on your credit cards and are just making the minimum monthly payments, it will take you years, if not decades, to pay off the debt. Also, you'll be paying thousands of dollars in interest. For example, if you have $50,000 in credit card debt, an APR of 16.9%, and a ...
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