Are creditors on your back? Are you receiving collection letters in the mail, or is your cellphone ringing off the hook? If you’re tempted to block the collectors’ numbers, or if you’re afraid that your automatic deposits will be snatched by creditors, you will be interested in learning about how...
Qualifying for a Chapter 7 Bankruptcy
Most consumer debtors file for bankruptcy under a Chapter 7 or a Chapter 13. If you are having financial problems, you may not be sure which bankruptcy is right for you. The answer will come down to the type of debts that you have, how much debt you owe, and your income. Essentially,Chapter...
Does Bankruptcy Protect Retirement Assets?
You’ve been faithfully saving for your retirement and you have built a nice nest egg. But now, you’re going through hard times, you’re overwhelmed by debt, and you’re seriously considering filing Chapter 7 or Chapter 13 bankruptcy. If you file for bankruptcy, what will happen to your pension plan,...
Should I File Bankruptcy Before or After Divorce?
With it being February, some people say that “love is in the air,” but if you speak to any divorce attorney, they’ll quickly tell you that they’re knee-deep in “divorce season.” Why? Because during the holidays, unhappy couples generally hold off on their divorce filings until the New Year,...
What is Lien Stripping?
If your home has actually gone down in value since you bought it, you may be feeling sick to your stomach right about now. After all, one of the reasons you bought the property is so it would be an investment. Are you so far upside-down on your property that you can’t justify the mortgage...
How Bankruptcy Can Protect Seniors’ Assets
Not everyone’s career has set them up for a comfortable retirement. These days, more and more seniors can’t afford to live on Social Security alone. Sometimes, a senior is having difficulty earning the income they need to pay all of their bills. Perhaps they were aged out of the workforce or...
Buying a House After Bankruptcy
If you’ve decided to file Chapter 7 or Chapter 13 bankruptcy, you may be wondering if there’s any way you’ll be able to buy a home before the bankruptcy falls off your credit. We have good news for you –it is possible! Once you file for bankruptcy, it’s going to take some time to build up your...
Can I File Bankruptcy More Than Once?
If you’re thinking about filing for bankruptcy and you’ve already filed it once before, we want you to know that this is not uncommon. Sometimes people get into a financial bind for reasons beyond their control and they turn to bankruptcy for a much-needed fresh start. Or in this case, a second...