Enter Your Zip Code to Connect with a Lawyer Serving Your Area
When radical changes in the bankruptcy law were implemented in 2005, a new urban legend was born to the effect that almost no one could file for Chapt...
If you’ve already decided to let your house go, you may be able to build up your savings by continuing to live in your house for as long as you can.
Chapter 7 bankruptcy is what most people think about when they think about bankruptcy. It’s called “liquidation” bankruptcy because it cancels y...
Chapter 7 bankruptcy will delay a foreclosure rather than block it permanently. You’re more likely to be able to keep your house if you file for Cha...
If you’re like many homeowners, your home is encumbered with a first mortgage, a second mortgage (often used for the down payment in an 80-20 financ...
Americans are up to their eyeballs in debt—an average of $43,874 of debt for every man, woman, and child in 2010, according to the Federal Reserve. ...
The instant you file for bankruptcy, all foreclosure proceedings must cease. This means that if you file for bankruptcy at 11:59 a.m., a foreclosure s...
As property values fall, second and third mortgages are frequently left unsecured. In other words, the property no longer has sufficient value to guar...
You can use Chapter 7 bankruptcy to save your house if:
When you file for Chapter 13 bankruptcy, your court papers must disclose what you own (real estate and personal property), your debts, and your financ...
Chapter 13 bankruptcy can help you fight foreclosure in a number of different ways. How? It gives you time to make up your missed payments and can mak...
Bankruptcy may be the answer to problems with mortgage foreclosures. A bankruptcy attorney can help bring understanding to foreclosure issues, or nego...
Homeowners who have given up their home in foreclosure, short sale or even deed in lieu are about to be hit by a landmine. Thinking their problem is...
As a result of the economic meltdown, record numbers of homeowners are facing foreclosure. For many of these people, bankruptcy is the most viabl...
If a homeowner has a delinquent mortgage, then a great option is the Chapter 13 bankruptcy. It allows for the catching up of late payments over ...
An uncertain economy, falling housing prices, and mounting job losses have many homeowners trying to modify their mortgages, avoid foreclosure, or b...
Are there any ways to prevent my house from being foreclosed? Many clients come to us with this question. For many people, bankruptcy is the best ch...
In an effort to curtail the foreclosure crisis the federal government provided new Home Affordable Modification Program (HAMP) outreach and communicat...
One of the most effective ways to stop a foreclosure is by filing a Chapter 13 bankruptcy. Chapter 13 bankruptcy allows a debtor to restructur...
It is not easy to choose between bankruptcy and foreclosure. Both options carry with them serious, long-term consequences. Thus, it is impera...
There are a number of foreclosure prevention options which a homeowner facing foreclosure may consider. Of these options, bankruptcy is the only ...
If you're thinking about filing for bankruptcy and believe that doing so means you can't qualify for a Home Affordable Modification Program, or HAMP, ...
If you're behind on your mortgage payments with no feasible way to get current, the only way to keep your home is to file a Chapter 13 Bankruptcy. A...
Chapter 13 bankruptcy differs from Chapter 7 in that it allows a debtor to restructure his debts. Chapter 7, on the other hand, often referred to ...
Stop Foreclosure! There is relief to save homes from foreclosure. The bankruptcy processes under some chapters have a solution to prevent creditors ...
Bankruptcy is used as a last resort to save a home from foreclosure. Bankruptcies are filed in Federal court. There are different jurisdictions ...
When it comes to filing bankruptcy you want to be sure to be honest when filling out all of your paperwork.