Reverse Mortgages and Bankruptcy

reverse mortgages

When living under the pressure of debt you may be presented with a wide variety of financial options and instruments. At the Higson Cheney Mansfield, PC we specialize in Chapter 7 Bankruptcy, and have helped thousands of people get thier financial lives back on track. One product that we tend to discourage our clients from using is the controversial reverse mortgage. Reverse mortgages, which allow […] Read more »

Payday Loans – The Wrong Choice

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In these tough economic times, there will always be people offering a simple answer. It seems everywhere you look there are predatory lenders popping up offering you a new way to get out of debt. These institutions such as Cash for Gold and Title Loans shops are the worst type of traps because they take advantage of people when they are at their lowest. If […] Read more »

What is Chapter 7 Bankruptcy?

chapter 7 bankruptcy

Chapter 7 bankruptcy is a legal procedure giving a fresh start to people who are overburdened with certain types of debt. We can help you understand your options and pursue bankruptcy protection. Under the Chapter 7 bankruptcy procedure, we file for protection from the bankruptcy court, and a trustee administers your non-exempt assets. At that point, the court has the authority to discharge (permanently eliminate) […] Read more »