Category: Life After Bankruptcy Archive
Bench Warrant Threats from an Old Payday Loan
Justin Harelik
April 4, 2016
If you have a company threatening you with a bench warrant, you may find that they don’t stop after they talk to you. They may also contact and talk to your family even though you didn’t provide that information or connection. They may attempt to contact you at work and ...
Read More →
Owning Land in Your Name After Filing Chapter 7 Bankruptcy
Justin Harelik
March 29, 2016
Many bankruptcy filers assume that their life is drastically changed for good once they’ve filed for bankruptcy. They assume they will have no access to credit…ever again. They assume they won’t be able to own property or make real estate purchases. They assume they’ll just need to stick with the ...
Read More →
Post-Bankruptcy: Rebuilding Your Credit
Justin Harelik
January 27, 2016
Credit rebuilding is of no small importance in the life of a post-bankruptcy individual. Many of these individuals, however, have trouble finding a substantial source of income and, therefore, they may believe they will have some difficulty rebuilding their credit scores. I could understand why one would believe this, but ...
Read More →
Refinancing Your Home Loan Post-Bankruptcy
Justin Harelik
December 16, 2015
A common problem many post-bankruptcy homeowners have is refinancing one’s home loan. Many people have approached me in a situation wherein their lender refuses to refinance their loan on the grounds that they did not reaffirm their loan post-bankruptcy, therefore, they claim, there is no loan. Let me take a ...
Read More →
Bankruptcy and the State of a Deed After Divorce
Justin Harelik
November 4, 2015
It is common for one spouse to sign off on a property title during a divorce. However, creditors aren’t part of these divorce agreements, and specifically, mortgage companies are not required to take your name off the original loan. You and your ex-spouse are still both legally responsible for the ...
Read More →
“Working a Deal” with your Mortgage Lender Post-Bankruptcy
Justin Harelik
October 30, 2015
In some situations, a mortgage lender will get in touch with a homeowner years after they filed for Chapter 13 bankruptcy suggesting that they “work a deal.” Is it possible to work a deal with your mortgage lender post-bankruptcy? The quick answer is yes! It sounds like an appropriate time ...
Read More →
Post-Bankruptcy: Buying a Car to Rebuild Credit?
Justin Harelik
October 21, 2015
If you are planning to file, are currently filed or have recently filed for bankruptcy, you have probably spent some time worrying about how you will rebuild your credit post-bankruptcy. We were recently asked if purchasing a car to rebuild credit post-bankruptcy is a good idea. There are a number ...
Read More →
Can You Get a Loan Modification Through the Bankruptcy Court?
Justin Harelik
September 16, 2015
The process of obtaining a loan modification can seem impossibly difficult. Many individuals who are interested in filing for bankruptcy or have recently filed for bankruptcy have either already attempted to obtain a loan modification or are hoping to get one. It’s one of the methods that consumers can make ...
Read More →
Signing a Deed in Lieu of Foreclosure Post-Bankruptcy
Justin Harelik
September 14, 2015
For many, divorce seems to lead to bankruptcy. We’re not marriage counselors or divorce experts so we can’t really say if the prevalent number of bankruptcies after divorce is due to the divorce or if the divorce is due to the need for bankruptcy. Regardless, many find themselves dealing with ...
Read More →
Post-Bankruptcy: Who Pays HOA Dues if Bank Doesn’t Foreclose?
Justin Harelik
September 11, 2015
In some cases, bankruptcy can provide a discharge of debts and relief from heavy financial burden, but then a seemingly random debt or financial responsibility will seem to have escaped the bankruptcy process. For many this comes in the form of Homeowners’ Association (HOA) dues and assessments on properties that ...
Read More →