Tag: filing bankruptcy Archive
Filing Bankruptcy in the Middle of a Foreclosure
If you file bankruptcy in the middle of a foreclosure, I wouldn’t be at all surprised if you thought that that would be reason enough for the foreclosure sale to be disrupted, as a technicality of sorts. Well, the easy response to that assumption is, no, it won’t, but it ...
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Filing Chapter 7 Bankruptcy on a Small Business
It is very courageous and ambitious to own a small business. There are many risks involved. Sometimes the risks pay off and sometimes a business owner is forced to close their doors due to financial hardship. It may be difficult to recover the entrepreneurial spirit that you once had if ...
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Thinking About Filing for Bankruptcy: The People Who Could File
There are three types of bankruptcy: Chapter 7, Chapter 11 and Chapter 13. If one doesn’t suit the situation, another is probably a good option. Many individuals and businesses interested in filing contact an expert in bankruptcy requesting a black and white answer to the common question, “Should I file ...
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Thinking About Filing Bankruptcy: The People Who Should File
Layoffs, pay cuts, foreclosures…there are so many reasons for the drastic increase in debt burdened Americans who are toying with the idea of filing bankruptcy. Some are filing personally and some are filing for their business. In the fiscal year ending September 30th, 2008, the number of filings reached 1 ...
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Are Retirement Funds at Risk When Filing for Chapter 7 Bankruptcy?
If you find yourself retired, and looking towards a future on a fixed budget, you will probably be more wary of making large payments towards overwhelming credit card debt. Many in this situation waver back and forth over the decision of whether or not to use their retirement funds to ...
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Filing Bankruptcy on a Reverse Mortgage
In recent years, the reverse mortgage is becoming a popular option for seniors who have limited financial resources to support their retirement. Many feel their savings are an inadequate nest egg when it comes to living out the remainder of their life in comfort and turn instead to the equity ...
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What to Say to Future Employers About Bankruptcy
There are many issues regarding filing for bankruptcy in southern California. There are just as many issues regarding recovering from bankruptcy and moving on with your life. For instance, in the years after you’ve filed for bankruptcy, you may find yourself in the position of looking for or applying for ...
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Filing Bankruptcy Without Involving Your Spouse
In some instances, it makes sense for individuals to file bankruptcy as a couple. In other situations, it makes more sense to have one spouse filing for bankruptcy. Luckily, bankruptcy law allows spouses to file bankruptcy separately, but it’s impossible to keep a spouse completely “out” of the bankruptcy proceedings. ...
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