Tag: bankruptcy court Archive
Property Loan Modifications
There has been an evolution of the mortgage crisis. During the time of this crisis, many lenders were rejecting all loan modifications. Many clients were forced to file Chapter 13 bankruptcy in order to attempt to save their homes and pay toward delinquent mortgages. Many could not afford the bankruptcy ...
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Avoiding Bankruptcy and Repossession
If you are thinking about declaring bankruptcy, take some time to consider your entire debt. Consider all your options. Talk to the experts on the subject. Weight the options to determine if bankruptcy is the most appropriate choice. It could be that your situation would be handled better using a ...
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Can You Get a Loan Modification Through the Bankruptcy Court?
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 ...
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What Counts as an Asset to the Bankruptcy Court?
Some consumes fear filing for bankruptcy because of what they think the will have to give up. We all work hard for what we have. Even if what we have isn’t much, we still don’t want to have to give it up and start over. It makes bankruptcy seem like ...
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Forced to File Chapter 7 Bankruptcy: To Reaffirm or Not to Reaffirm?
If you are underwater on your house and find yourself past due on your mortgage, you may feel that your hand is being forced. You might feel that you have no other choice, but to file for bankruptcy. Feeling forced to file for Chapter 7 bankruptcy isn’t the best situation, ...
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Bankruptcy and Foreclosure, Short Sale or Deed in Lieu of Foreclosure?
When your home is in the foreclosure process, you might be tempted to panic. You may feel like you don’t have any options. Many have been in this same situation, and there are options out there. The trick is deciphering between the options and pinpointing the one that will be ...
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The 4th Step in Becoming Debt Free in 2015: Your Time on Stage
Once your bankruptcy case is filed, you’ll be surprised how quickly and smoothly the process moves along. Remember that millions have filed bankruptcy before you and the process has been fine tuned into a streamlined process. Tens of thousands of bankruptcy cases are handled per month in each state across ...
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Becoming Debt Free: Your Third Step
The third step in becoming debt free is to file for bankruptcy. The fact that they call it “filing” takes away from the excitement of the idea, but it’s a big day for you! Your bankruptcy attorney will file your bankruptcy electronically so it can be submitted anytime 24/7. The ...
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Top 3 Mistakes People Make Before Filing for Bankruptcy: Avoid Common Bankruptcy Mistakes
Once you’ve made the decision to file for bankruptcy, it is usually best to take your time to ensure it is done right. It is very rare that a bankruptcy needs to be filed on an emergency basis. Unless you fall into this rare instance, take the time necessary to ...
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