by admin | Apr 28, 2011 | Bankruptcy, Debt Collection, Financial Planning, Foreclosure, Real Estate
1. YOU CAN’T FILE BANKRUPTCY UNDER THE NEW LAW No, THE 2005 REFORM ACT just made it more difficult and added SPEED BUMPS to overcome. This is why you need to consult a consumer bankruptcy attorney before you do anything if you are in financial distress. 2. YOU MUST BE...
by admin | Mar 25, 2011 | Bankruptcy, Contracts, Debt Collection, Foreclosure, Real Estate
Purchasing a home can be one of the most significant investments a person or family makes. After the sale is complete, there is often no one available to consult with when you experience financial troubles and face foreclosure. This article is designed to provide a basic introduction and description of the foreclosure process, the laws governing foreclosure, and possible options for those facing foreclosure.
by admin | Feb 10, 2011 | Bankruptcy, Debt Collection
If you settle a debt for a certain amount of money, the amount you don’t have to pay is “forgiven.” Using a really simple example, if you have a $10,000 debt, and you settle it for $5,000, the creditor has forgiven the remaining $5,000. Creditors are known to file IRS...
by admin | Nov 8, 2010 | Bankruptcy, Debt Collection, Miscellaneous
Many times financial problems are a symptom of underlying issues. One in particular is gambling issues. Until the person can come to grips with their gambling issues, bankruptcy won’t be a solution to their financial problems. Once the gambling issues is...
