Changes You May Need To Make With Your Finances After Chapter 7 Bankruptcy


A lot of people that file for Chapter 7 bankruptcy end up in this position due to credit card debts. Having credit cards is a good idea if you use them responsibly; however, credit cards can be dangerous for many people. Using a credit card is just so easy to do, and that is often why people end up owing more debt than they can repay. If you can relate to this and want to file Chapter 7, you should evaluate the situation to see if this is right for you.

21 May 2018

Three Reasons Chapter 13 Bankruptcy May Be Right For You


If you find that you are struggling to make your debt payments each month, you may wonder what options can help alleviate the financial strain of your payments. One solution is to file for chapter 13 bankruptcy. A chapter 13 bankruptcy is basically a type of debt consolidation plan that requires you to repay a portion of your debts over three to five years. Once you complete the payment plan, much of your remaining debt is dismissed.

19 March 2018

Potentially Facing Foreclosure? Know What Will Happen To Your Home


Have you fallen behind on your mortgage payments to your lender? If so, you may be facing foreclosure and losing your home. It is important that you know what the foreclosure process will be so that you know how much time you have to act. You'll Receive the Notice of Default The first step of foreclosure is getting the formal letter from your lender that they have decided to foreclose on your property.

9 February 2018

Who Is In Charge Of Your Bankruptcy?


Knowing the person charged with overseeing your bankruptcy is crucial, since their actions and even the way they are compensated could affect your chapter 7 bankruptcy filing. You may first hear about this person, known as a trustee, when you receive your initial bankruptcy paperwork from the federal court after your filing. Read on to learn about your potential encounters with this trustee and the way they get paid. Property Inspection

9 November 2017

2 Reasons To Hire A Bankruptcy Attorney


One of the best individuals that you can turn to if you are struggling to pay your bills or are no longer able to make your monthly payments to your creditors is a bankruptcy attorney, mostly because they will often be able to provide you with a number of different debt resolution options that can help you deal with this financial difficulty. Listed below are two reasons to hire a bankruptcy attorney:

7 September 2017

4 Legal Options If You're Facing Foreclosure & Don't Have a Lot of Cash


If you are facing a foreclosure on your home and you don't have a lot of cash to hire a regular attorney to represent you throughout the entire process, there are still options that you can pursue in order to get legal assistance to fight against the foreclosure on your home. #1 Find an Attorney Who Takes On Pro Bono Cases If you really can't afford to pay for an attorney at all, see if any attorneys in your area will take on your case pro bono.

12 July 2017

Common Questions About Rebuilding Your Credit After Filing Bankruptcy


You have been trying your best to manage a tremendous load of debt that you have managed to accumulate, but it seems no matter how hard you work and how much you pay, it is never enough. Unfortunately, American consumers find themselves in this situation quite a bit, and when they do, bankruptcy often seems to be the most logical option. If you know all too well what it feels like to be facing the possibility of filing bankruptcy, you may find yourself with questions about rebuilding your credit after everything's said and done.

7 June 2017