Tag: westgate law Archive
Medical Bankruptcy: Is There a Way to Declare Bankruptcy for Medical Bills Exclusively?
Justin Harelik
April 27, 2015
If you find yourself drowning in medical bills without the money to clear the debt, you might be wondering if there’s such a thing as medical bankruptcy; a way to declare bankruptcy for medical bills exclusively. You wouldn’t be alone. In today’s world of soaring medical costs, drastically increased life ...
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Bankruptcy and Foreclosure, Short Sale or Deed in Lieu of Foreclosure?
Justin Harelik
April 22, 2015
When your home is in the foreclosure process, you might be tempted to panic. You may feel like you don’t have any options. Many have been in this same situation, and there are options out there. The trick is deciphering between the options and pinpointing the one that will be ...
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What happens to my home if I file for bankruptcy?
Justin Harelik
April 21, 2015
Many worry about their living arrangements post-bankruptcy. What happens to my home if I file for bankruptcy? Will you be able to buy a home in the future if you’ve got a bankruptcy on your record? Will you be approved for long-term lease agreements even though you’ve filed for bankruptcy? Addressing ...
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Bankruptcy and Divorce: Can the Lender Be Forced to Remove an Ex’s Name from the Title?
Justin Harelik
April 20, 2015
Many individuals find themselves wishing there was a magical method to force a lender to remove an “ex’s” name from the deed to a house post-divorce. They find themselves unable to refinance even if the home was given to them as a part of the divorce decree. Some assume that they ...
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HELOC and bankruptcy: Negotiating, Foreclosing or Settling?
Justin Harelik
April 16, 2015
If you have questions regarding how filing for bankruptcy will affect your home equity line of credit, meet with an attorney and have HELOC and bankruptcy explained to you before proceeding. When you file for bankruptcy, the trustee reviews your case. If the trustee has no issues with your petition, ...
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Should I Declare Business Bankruptcy or Just Try to Pay Off the Remaining Debt Personally?
Justin Harelik
April 6, 2015
Starting up a business is a risk. Sometimes business is good, and sometimes it’s slow. Then there are the times when there’s no profit at all. If you’ve been left with a business with debts close to or equal to its assets, you might be having difficulty deciding if bankruptcy ...
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US Bankruptcy Filings Down Again: Decreased 10.1% in February 2015
Justin Harelik
April 3, 2015
According to Epiq Systems, US bankruptcy filings are down again by 10.1% as of February 2015. Their latest monthly bankruptcy figures indicated a year-over-year decline. That makes 52 straight months of year-over-year declines in the US bankruptcy filing rate. The daily average of US bankruptcy filings in February was 3,422 in ...
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How to Reestablish Credit with No Disposable Income
Justin Harelik
April 1, 2015
There are those who talk about the increased strictures that been put in place on credit in today’s market, but even after it became a lot “harder” to get credit…it’s still pretty easy. There are always companies willing to offer credit opportunities, even to those with little to no income. ...
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Bankruptcy and Credit Counseling: The Worst Case Scenario
Justin Harelik
March 31, 2015
Sometimes it is comforting to approach a situation knowing the worst-case scenario. When discussing bankruptcy and credit counseling options, the first step towards understanding the worst-case scenario is to consider both the advantages and disadvantages. If you’ve already taken the time to run through some of the many articles available to ...
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Preparing for Bankruptcy: Voluntarily Closing Credit Accounts
Justin Harelik
March 30, 2015
If you feel you are considering preparing for bankruptcy, you should read testimonials submitted by other bankruptcy petitioners. You should also read material regarding the process of bankruptcy. You should know who the bankruptcy trustee is and what their job is in relation to your bankruptcy case. You should know all ...
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