Bankruptcy Attorney | File for Chapter 7 or Chapter 13 Bankruptcy? Bankruptcy Attorney . Chapter 7 vs. Chapter 13. There are a variety of reasons why consumers may end up filing for bankruptcy. Maybe it's the lack of jobs after a stagnant economy zapped the market, or a business that had promise but ultimately crumbled. [...]
Bankruptcy Attorney | Can I Keep My House? Bankruptcy Attorney . Bankruptcy can be a frightening event, but one that is becoming all too common. In fact, the rate of bankruptcy has risen lately to its highest levels since 2005. One of the ideas that may make bankruptcy so forbidding, is the thought that everything [...]
Bankruptcy Lawyer | 5 Tips to Avoid Bankruptcy Bankruptcy Lawyer . When times get tough, the tough sometimes want to indulge in a little shopping. But retail therapy and reactive spending can be big contributors to a personal credit crunch. There are things you can do to remain financially healthy if you're not now in [...]
Bankruptcy Lawyer | "Lien Stripping" Still Available? Bankruptcy Lawyer .Just as filing for Chapter 13 stops auto repossession, it can also protect your home from foreclosure. Your Chapter 13 debt repayment plan should enable you to catch up on your mortgage payments within 36 to 60 months AS WELL AS POTENTIALLY ELIMINATING ANY SECOND AND [...]
Bankruptcy Attorney | When NOT to File for Bankruptcy Bankruptcy Attorney . Here are 13 examples of when not to file for Bankruptcy. 1. Urban Legend - doing it inappropriately because "everybody at work did it" 2. Foreclosures - to discharge a potential mortgage deficiency on your home - the mortgage lender may never bring [...]
Bankruptcy Lawyer | Save Your Home with Chapter 13 Bankruptcy Lawyer . The filing of a chapter 13 bankruptcy case puts a stop to most foreclosure actions and gives a homeowner the opportunity to pursue a mortgage modification under the Bankruptcy Court's Mortgage Modification Mediation program ("MMM") . In addition, often second mortgages are avoidable [...]
Bankruptcy Lawyer | Can Bankruptcy Take Away Your Social Media? Bankruptcy Lawyer . A Bankruptcy court recently ruled that social media accounts (like Twitter and Facebook) used to promote a business are part of that business’s bankruptcy estate, and the bankruptcy court can order the owner to turn over the passwords. Personal social media accounts, [...]
Bankruptcy Attorney | "Short Sale" of Real Estate Bankruptcy Attorney . A short sale involves the mortgage lender agreeing to allow a homeowner to sell his real property for a price less than enough to payoff the mortgage in full. That is, the lender agrees to release its mortgage lien on the property for an [...]
Bankruptcy Attorney | FL Bankruptcy Exemptions Bankruptcy Attorney . Persons filing for bankruptcy in Florida generally use the exemptions provided by Florida law and non-bankruptcy federal law. Florida law provides for exemptions in the Florida Constitution, Florida Statutes and common law. Real Property Certain real property, such as a homestead, and personal property are "exempt" [...]
Bankruptcy Attorney | One Word in Bankruptcy that is Forgiving Student Loans Bankruptcy Attorney . The instructions from Congress for how a struggling student loan borrower can attempt to leave that debt behind in bankruptcy contains one word that can have two meanings. The resulting ambiguity caught the attention of Emory University law professor Rafael [...]