Tag: filing for 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 ...
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Bankruptcy Questions: Can an RV Be Protected During Bankruptcy?
Justin Harelik
March 24, 2016
The purpose of filing for bankruptcy is to obtain the protection it affords. The discharge of debt is meant as a relief for overwhelmed consumers when there are no other plausible solutions. It is not designed as a punishment or a consequence. It is designed as a solution. But in ...
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Receiving a Tax Refund During Chapter 13 Bankruptcy
Justin Harelik
March 23, 2016
There’s not really a specific time that is all around “bad” for filing Chapter 13 bankruptcy. The best timing to file really depends upon your specific situation. It can depend upon the timing of personal events, the date of the last large credit transaction, major financial crises, etc. One thing ...
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Can I Pursue Payment on a Judgment Post-Bankruptcy?
Justin Harelik
March 22, 2016
There are a lot of questions that get asked over and over by people considering bankruptcy or petitioners in the midst of the bankruptcy process. They can usually be found on any bankruptcy lawyer’s FAQ page. Then there are the questions that I wish were asked more frequently. One such ...
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Bankruptcy Tips and Hints: How & When to File Bankruptcy
Justin Harelik
March 21, 2016
Debtors who decide to take that huge step called bankruptcy often make one common mistake – they rush. They turn that huge step towards financial freedom into a mad dash without even considering the consequences and potential changes to their life and goals. Bankruptcy protection offers a great solution for ...
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Bankruptcy & Debt: Do Judgments Expire?
Justin Harelik
March 9, 2016
Sometimes individuals may be unaware that there is a judgment out against them. In fact, this can go on for years. Eventually, they do discover the issue. Most will receive a letter or some other form of contact from an attorney advising them that they have a judgment against them. ...
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Protecting Your Partner from Your Bankruptcy Filing
Justin Harelik
February 11, 2016
Filing bankruptcy can affect anyone else who shares in a listed asset. You should consider this carefully before you decide to file for bankruptcy. You’ll want to do what you can to protect your partner’s good credit from the effects of your bankruptcy. The car and house must be listed ...
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Re-establishing Your Credit After Filing for Bankruptcy
Justin Harelik
February 9, 2016
Bankruptcy is just one of many reasons for a low credit rating. However, it isn’t all that difficult to re-establishment yourself in the credit arena. There are many lenders out there that are more than willing to open up a credit line to high-risk borrowers. Even people with little to ...
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The Bankruptcy Process: Chapter 13, Foreclosure & Chapter 7
Justin Harelik
February 1, 2016
There are several things you must consider before walking away from your home after filing Chapter 13. In a Chapter 13, your mortgage payments are rolled back into the loan, making the mortgage current. This is called a loan modification – eliminating any past due payments. The bankruptcy trustee assigned ...
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Chapter 7 Bankruptcy: Too Much Equity in Your Home
Justin Harelik
January 25, 2016
One of the only times that having “too much equity” in your home will hurt you is when you are filing for Chapter 7 bankruptcy. It seems contradictory, but having too much equity in your home can seem to turn into a consequence for petitioners hoping to obtain a discharge ...
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