Tag: bankruptcy Archive
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 ...
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Know Your Lenders: Interviews and Lender Calls
Before you even start filling out an application for credit, find out if a bankruptcy will result in an automatic denial of credit. Every lender has standard underwriting guidelines. If you find out the guidelines prior to submitting your application, you’re able to avoid unnecessary inquiries. This takes you closer ...
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The Five Stages of Bankruptcy Recovery…I Mean, Grief
It’s called bankruptcy recovery for a reason. It’s an overhaul of your entire LIFE! Allow some time to recover and don’t be surprised if you recognize some familiar coping stages most would associate with grief. Denial & Isolation: More than one million people file bankruptcy every year. Remember this when ...
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You Filed for Bankruptcy: How Do You Feel Now?
When you filed bankruptcy you knew exactly how you were going to feel when you got your bankruptcy discharge: completely elated. And you do feel that way – part of the time. But there are also moments of doubt and insecurity. This is a completely human response. Don’t let it ...
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Does Filing for Bankruptcy Keep Broken Leases Off Your Credit Report?
When you file for bankruptcy, you receive an automatic stay, which requires that any and all creditors stop contacting you in order to seek payment on debts. When you receive your bankruptcy discharge, all eligible debts included in the bankruptcy filing are no longer your liability. These are two of ...
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How is Past Due Rent Treated During a Bankruptcy Case?
If you are a landlord and your past due tenant is not only moving out, but is also rumored to be considering bankruptcy, is there any benefit to suing for past due rent? How is past due rent treated in a bankruptcy filing? When it comes to a landlord/tenant relationship, ...
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Will Filing Bankruptcy Harm My Career?
For many people, a career is a major priority. Even for those who don’t love their jobs, the thought of not advancing is very distressing. Everyone wants to succeed at work even if only to maximize their earning potential. So many worry that when they file for bankruptcy it will ...
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Bankruptcy Alternatives: Can I Transfer the Liability of an Auto Loan?
People will do a lot to avoid filing for bankruptcy. And as an experienced southern California bankruptcy attorney, I am in full agreement. It’s always best to do everything you can to take care of your debt and financial liabilities without filing for bankruptcy. Filing for bankruptcy is a legal ...
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Does a Quit Claim Deed Provide Release from a Mortgage Note?
Being an adult is hard sometimes. And one of those times occurs when there’s a shortage of money, relationships have ended, property has been divided (theoretically) and someone is filing bankruptcy. In some cases, it can seem like you’re being pressured from all sides to do something that you don’t ...
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Can a Bench Warrant be Issued for Failing to Show up for a Debtor Exam?
At times, consumers just like you get in touch with very specific cases that they are sure no one else has ever had to deal with. In almost every instance, it is not the first time the question has been posed. For instance, can a bench warrant be issued for ...
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