Tag: filing for bankruptcy Archive
The Status of Your Home During Chapter 7 Bankruptcy
Justin Harelik
November 18, 2015
Often people are worried about losing their home when considering filing for Chapter 7 bankruptcy. The fear of losing their home often inhibits people from filing for bankruptcy protection regardless if there is any equity in the home or not. A bankruptcy homestead exemption is the amount of equity that ...
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Steps to Filing Bankruptcy During an Impending Divorce
Justin Harelik
November 6, 2015
There are many things to consider when making major life decisions like filing for bankruptcy, especially in the midst of, or an impending divorce. Protecting your credit is very important during this time for your financial freedom in the future. If your name is on the mortgage loan and you ...
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Obtaining Bankruptcy Protection
Justin Harelik
October 11, 2015
When a person needs bankruptcy protection, they often cannot afford to pay their attorney for filing the bankruptcy. In such a case, one could look to their family to assist them in paying these fees so that they can receive the protection they need. There is a possibility that a ...
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Thinking About Filing for Bankruptcy: The People Who Could File
Justin Harelik
August 31, 2015
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 for Bankruptcy: The People Who Should Not File
Justin Harelik
August 28, 2015
Filing for bankruptcy is a very useful way to gain protection from creditors and obtain a discharge of debt. But is it the best idea for everyone? Absolutely not; there are some who would be better off seeking out other options and bankruptcy alternatives. Who SHOULD NOT file for bankruptcy ...
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Can I Walk Away from My Inheritance Before Filing for Bankruptcy?
Justin Harelik
August 18, 2015
Sometimes receiving an inheritance is amazing. Sometimes it’s a blessing. Sometimes it can even be a downright lifesaver. But then there are times when you feel like it’s the last thing you want! Some who have finally turned to bankruptcy as a solution for their impossible financial situations will be ...
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Should You Protect Your Home by Filing for Bankruptcy?
Justin Harelik
August 14, 2015
We’ve all had ups and downs financially. The problem comes when the down is completely unexpected or far below any expectation for which you may have made preparations. Regardless of how it happened, sometimes we can’t make it happen financially. If you find yourself in this situation, you may have ...
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Bankruptcy and Your Mortgage: Questions Answered
Justin Harelik
August 12, 2015
No matter how thorough we think we are when it comes to discussing bankruptcy and your mortgage, there are bound to be more questions. But we’re talking about your home here. It may be where you grew up. It may be where you raised your own kids. It may the ...
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Winning a Judgment Disrupted by Bankruptcy
Justin Harelik
August 10, 2015
When you hire someone to complete a job, pay them up front and then have to watch them walk away from it without completing it you can file a judgment against them in court in order to receive a return on the price you paid for any work that wasn’t ...
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College Credit Cards Mistakes, the Statute of Limitations and Bankruptcy
Justin Harelik
July 30, 2015
Going to college is (in most cases) an excellent decision. It’s a good choice, a worthy goal, a nice move, a lovely aspiration, etc. But for some reason, once the decision is made many of us lose all logic. We suddenly BECOME college students. And college students, seemingly by definition, ...
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