Is Filing for Bankruptcy Bad for You? It Depends…

Do you need a mortgage?

One of the most important things to consider is that declaring bankruptcy will make it almost impossible to get a mortgage if you don’t already have one. While there are specific mortgage lenders that deal with at-risk clients and those that have declared bankruptcy, your options will be few and far between. Additionally, you can only file Chapter 7 bankruptcy once every six years, so if another major financial hardship occurs before the allotted time period your options are limited you are stuck. It would be still possible to file a Chapter 13 Bankruptcy, if you qualify.

Small-cap winners galore

The big stock market winners share one common attribute: Near the beginning of the ascent of their shares, the companies offer revolutionary products or services, are market leaders in their respective industries, or both. Some big stock market winners that possessed the attributes outlined above are Netflix (NFLX), which we recommended to investors in October 2002; Intuitive Surgical (ISRG), which we bought and recommended in July 2004; Baidu.com (BIDU), which we bought and recommended in August 2006; and MercadoLibre (MELI), which we recommended to investors in October 2010. Get up-to-date small-cap stock picks from David Frazier, editor of Small-Cap Profit Confidential.
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Smarter cryptocurrency investments

The stock market crash of 2008 was the catalyst for his journey into alternatives. And interestingly, it was the impetus behind the creation of Bitcoin and the blockchain technology behind it. Keene Little wasn’t ready to risk his money yet but he was very curious, so he began charting Bitcoin’s technical patterns. What finally convinced him to dip a toe into digital currencies was seeing that they followed familiar price patterns that could be analyzed and successfully acted on. Now he shares those insights with subscribers to the Crypto Wealth Protocol.
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