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When Chapter 13 Bankruptcy Is Better Than Chapter 7 Bankruptcy

For some debtors, Chapter 13 bankruptcy is a better option than Chapter 7 bankruptcy. And sometimes Chapter 13 is the only option because a debtor is not eligible for Chapter 7 bankruptcy. It's ...

Comments Off   |   Posted in Bankruptcy Law,Bankruptcy Tips October 21, 2014

When Chapter 7 Bankruptcy Is Better Than Chapter 13 Bankruptcy

There are several reasons why Chapter 7 bankruptcy might be better for you than Chapter 13 bankruptcy. Chapter 7 is usually quicker than Chapter 13, most debtors can keep all or most of their property, and Chapter 7 filers don't ...

Comments Off   |   Posted in Bankruptcy Law,Bankruptcy Tips October 10, 2014

What Rights Do I Have In the Foreclosure Process?

In the last post, we talked about what’s going to happen if you didn’t respond to the notice of default. Then, what rights do you have in the foreclosure process? Here's some need-to-knows when dealing with a foreclosure: You ...

Comments Off   |   Posted in Bankruptcy Law,Foreclosure August 11, 2014

I Didn’t Respond To The Notice Of Default. What’s Going To Happen?

This is a question we hear all the time, and one that comes with a very important answer. This also a good follow up from our last post about about what to do what to when you are

Comments Off   |   Posted in Bankruptcy Law,Foreclosure June 23, 2014

Defaulting on Your Mortgage

I haven’t been making my mortgage payments. What’s going to happen? Do I have rights? What to do when you find yourself in default. If a homeowner misses a mortgage payment, then the homeowner’s ...

Comments Off   |   Posted in Bankruptcy Law,Foreclosure May 22, 2014
When Should I Update My Will?

When Should I Update My Will?

A List of Reasons to Review and Update Your Will   Once they make a will, many people will put it in a safe deposit box or leave a copy with their attorney, and forget about it. However, there are ...

Comments Off   |   Posted in Estate Planning,Wills April 14, 2014

6 Reasons Short Sales Fail

A short sale occurs when a lien holder or mortgage company agrees to accept less than what is owed on a home in order for the home to sell. Lenders are not in the ...

Comments Off   |   Posted in Bankruptcy Law,Short Sale Tips March 18, 2014

5 Steps to Take After Declaring Bankruptcy

About 1 million Americans filed for bankruptcy in 2013. If you were one of them, you've likely heard that bankruptcy will stay on your credit reports for 10 years. 

Comments Off   |   Posted in Bankruptcy Law,Bankruptcy Tips February 06, 2014

What Are the Risks of a Short Sale?

Short selling property has many benefits, but is not for everyone and there are many pitfalls that you may not be aware of.  The benefits of a short sale if properly negotiated is release from personal liability ...

Comments Off   |   Posted in Bankruptcy Law,Short Sale Tips November 23, 2013

What Creditors Can Be Discharged in a Bankruptcy

Most if not all creditors are subject to the bankruptcy discharge, even taxes. The non-exclusive list: credit cards, certain taxes, medical debts, personal injury debts, some tort claims, delinquent utilities, some home owners dues, mortgages, personal lines of credit, ...

Comments Off   |   Posted in Bankruptcy Law,Bankruptcy Tips October 14, 2013