Jump to Navigation

February 2013 Archives

Considering a new mortgage loan after bankruptcy

The housing market is becoming increasingly appealing to many aspiring homeowners. Now that the economy has been recovering steadily for a few years, mortgage rates are low, but new construction and buyer interest is picking up. However, the idea of buying a home after bankruptcy can seem daunting for many Americans. Is it smart to pursue a new mortgage loan in the wake of bankruptcy? And what can you expect from the process? These are both reasonable questions.

Building credit post-bankruptcy: Part II

Earlier this week, we began discussing the idea of building positive credit. We noted that a bright side of bankruptcy is that it allows you to build solid credit and a firm financial foundation after you have eliminated or restructured the burden of crushing debt. First, it is important to receive your annual free credit score from all three major credit reporting agencies. Once you have your baseline score, you can work at improving it.

Building credit post-bankruptcy: Part I

The stigma once associated with filing for bankruptcy has faded dramatically in recent years. When the 2008 financial crisis swept America, millions of responsible and hardworking citizens were affected significantly. As a result, American society largely recognizes that every one of us can unexpectedly fall on hard times, no matter how diligently we plan and how financially responsible we are.

Free Case Evaluation

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

Subscribe to this blog's feed FindLaw Network
Marrs & Terry | Personalized, Efficient Counsel | Office Locations

Ann Arbor Office
Marrs & Terry, PLLC
6553 Jackson Road
Ann Arbor, MI 48103

Phone: 734-418-0365
Toll Free: 866-665-8095
Fax: 734-663-9973
Ann Arbor Law Office Map

Jackson Office
Marrs & Terry, PLLC
209 E. Washington, Suite 258
Jackson, MI 49201

Phone: 734-418-0365
Toll Free: 866-665-8095
Jackson Law Office

Credit Cards Accepted | VISA | MasterCard | American Express