Tag: southern california bankruptcy lawyers Archive
Bankruptcy Post-Divorce: Good News & Bad News
If you are filing for bankruptcy post-divorce and you owned a home during your marriage…we’ve got both good and bad news for you. If a Home Equity Line of Credit (“HELOC”) is included in a Chapter 7 bankruptcy, the liability on that HELOC is gone once a discharge notice is ...
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Bankruptcy for the Authorized User
Many consumers are confused by the difference between being an account holder and an authorized user on a credit account. It gets more confusing when there’s a divorce involved and if you add a bankruptcy to the mix, it gets positively convoluted. If you are an authorized user on 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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Post-Bankruptcy: Who Pays HOA Dues if Bank Doesn’t Foreclose?
In some cases, bankruptcy can provide a discharge of debts and relief from heavy financial burden, but then a seemingly random debt or financial responsibility will seem to have escaped the bankruptcy process. For many this comes in the form of Homeowners’ Association (HOA) dues and assessments on properties that ...
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Bankruptcy and Home Mortgage
Many of the clients we consult have early questions regarding bankruptcy and home mortgage. When filing for Chapter 7 bankruptcy, consumers have the option to reaffirm their mortgage. If filers are current on their loan payments and will be able to meet future payments, reaffirming the loan simply informs the ...
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