Essential Tips and Practical Advice for Protecting Your Home with Personal Rehabilitation

Essential Tips and Practical Advice for Protecting Your Home with Personal Rehabilitation

Question from a reader:
I have a consultation regarding personal rehabilitation. Currently, I am using a mortgage and Orix ONE (a loan of 10% of the property price), both borrowed from the same financial institution. A second-ranking mortgage is set on Orix ONE. I have other debts as well and am considering personal rehabilitation, but I am worried about whether I

Understanding the Costs and Psychological Impact of Personal Bankruptcy Procedures

Understanding the Costs and Psychological Impact of Personal Bankruptcy Procedures

Question from a reader:
I am in the process of filing for personal bankruptcy and have paid my lawyer 800,000 yen. I decided to file for bankruptcy after consulting in June 2023, and thanks to the notice of acceptance they sent, the collection calls have stopped. I initially paid a deposit of 200,000 yen and am saving 30,000 yen each month

Impact of Spouse's Family Credit Card on Credit Score and Risk Management Strategies

Impact of Spouse’s Family Credit Card on Credit Score and Risk Management Strategies

Question from a reader:
I have a family credit card linked to my husband’s credit card, but there is a possibility that he may default on payments. In this case, will our credit information be affected as family cardholders?

Introduction

If you hold a family credit card linked to your husband’s credit card, whether your credit information will be affected when

Comprehensive Guide to the Pros and Cons of Debt Settlement: Real Experiences and Solutions for Overcoming Debt Issues

Comprehensive Guide to the Pros and Cons of Debt Settlement: Real Experiences and Solutions for Overcoming Debt Issues

Question from a reader:
Is there anyone who can explain debt consolidation? I would like to know in detail the advantages and disadvantages from those who have actually experienced it. I have seen some information about the disadvantages online, but my understanding is still insufficient, so I would appreciate it if you could explain it in detail.

About Debt Consolidation [Background Information]

Komuro-san’s Mother’s Debt: Understanding Family Responsibility and Financial Impact

Question from a Reader:
Has all the money borrowed by Komuro-san’s mother been repaid?

Considering Komuro-san’s Mother’s Debt Issues

Recently, there has been much discussion about the repayment of the money borrowed by Komuro-san’s mother. While it is known that her son, Kei-san, has repaid the principal, many are curious about the additional costs involved. When including expenses like taxi fares,

How to Repay 2.8 Billion Yen Debt: Strategies Beyond Gambling for Financial Recovery

Question from a reader:
Currently 40 years old, Issei Mizuhara has a confirmed five-year prison sentence and is burdened with a debt of 2.8 billion yen. Is there a way for him to pay it off while still alive? If you have any advice, please share.

How to Repay Debt?

Recently, while having tea with friends at a café, an intriguing