Category: Bankruptcy Issues Archive
What to Do About Your Joint Mortgage After Divorce?
Divorce brings a multitude of changes and challenges, one of which involves dealing with shared assets, like a family home. Recently, Sheila, a reader, brought up a similar query: “If divorced and my ex-husband is on the deed to the house, I am unable to refinance my home, which was ...
Read More →
How to Tackle a Bank Levy? Here Are Your Legal Options
“I went to my bank today, and the entire balance in my account was wiped out. To the last penny! I found out it was from a judgment that a creditor had against me. It was from a loan that I had years ago. They never even notified me, yet ...
Read More →
Can a Lender Foreclose on Your Home During Bankruptcy?
Bankruptcy can be a challenging hurdle. Understanding what can and cannot happen during this period is vital. One commonly asked question during this period is, “Can a lender ask for relief and legally foreclose on my home during a Chapter 7 bankruptcy proceeding? Can I get my house back?” Here’s ...
Read More →
Facing Financial Barriers in Education? Here’s How Can You Overcome Them
We always get queries from students experiencing a daunting dilemma keeping them from achieving their dreams: getting into their dream college but lacking the necessary funds. There can be several barriers to education, and financial hurdles are one of them. So, what should you do when your dreams clash with ...
Read More →
Should You Opt for a 3-Year Payback in Bankruptcy for Quicker Recovery?
When faced with the daunting possibility of bankruptcy, understanding your choices is crucial. It’s a crossroads where financial realities meet legal obligations. Thus, making the right decisions can significantly impact your future. One of our readers sent in their queries inquiring about a similar instance. Harriet writes… “Is it better ...
Read More →
How to Manage Multiple Debts?
At Westgate Law, we keep receiving queries from people struggling to manage their debts. They’re all searching for solutions and look to us in times of need. Recently, we received a thought-provoking query from Mary, grappling with a complex debt situation. Her scenario is not uncommon; thus, we shed more light ...
Read More →
Navigating Credit Card Debt, Collection Agencies, and Bankruptcy
Many people can find themselves facing financial hardships at some point in life. Therefore, understanding their rights and options can be critical in finding a way out of debt and towards a fresh financial start. If you’re in a similar position, this article delves into three specific circumstances concerning debt ...
Read More →
Can Bankruptcy Stop Your Eviction?
Tenants facing eviction often frantically search for answers to the situation. First and foremost for those in this situation is usually the desire to stay in their home. The need to relieve the pressure of the debt usually comes in a close second and third is a desire to do ...
Read More →
Does Business Debt Transfer with the Sale of the Company?
I recently spoke with a young man who had built a business from scratch, experienced a downturn in the industry that left the company overwhelmed by debt and unable to move forward with production expecting to make a profit. He felt his only recourse was to file bankruptcy on the ...
Read More →
My Creditors Are Suing Me – Is it Too Late to File Bankruptcy?
If you have put off filing for bankruptcy so long that your creditors are already suing you, you may fear that it is too late to do anything about it. You aren’t alone. Most people wait until the very last minute before they seriously consider bankruptcy as an option. It ...
Read More →