Adding a co-signer can make a loan more attractive to lenders, but can cause serious repercussions if the co-debtor defaults. A common question many of us face is whether to co-sign for a loan. Initially, co-signing a loan seems like a nice and supportive gesture....
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Dear Small Business Owner, Having been a small business owner myself, I have a passion for helping other entrepreneurs like me. Businesses are a puzzle that require finding the right mix of a good product(s)/service(s), finding the right people to work in the business, finding...
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“How do I improve my credit score?”…a question the attorneys at The Debt Doctors are very familiar with. The answer depends on a client’s specific financial situation, but there are some general ways to improve your credit score that apply to everyone. To get...
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This topic immediately strikes a chord and a lot of debate amongst the people in our country. The growing student loan debt in the U.S. has become a major concern. It’s at about $1.3 trillion today (that’s about double what it was in 2009 when...
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Bankruptcy can have a big impact on a co-debtor or co-signer. This makes it crucial to understand how bankruptcy works from the beginning in order to avoid surprises down the road. Liability A common confusion pertaining to bankruptcy is the co-debtor’s liability to pay off...
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