News Topic: BankruptcyQuestionsNationalBankruptcyForum

While there are many and varied reasons that people file a bankruptcy case or settle a debt, certainly an improved credit score is a desired result. Unfortunately, post bankruptcy and post debt settlement credit reporting is often not accurate. A Creditor ... Read full article

Foreclosure Settlement Checks are Bouncing Some people just can’t catch a break.  Homeowners who received settlement checks from some of the largest banks involved in the illegal foreclosures of 2009 and 2010 reported that they were denied due to ... Read full article

Bankruptcy Benefits The term “Bankruptcy” is not a four letter word.  Many people think that bankruptcy will ruin their credit for the rest of their life, and leave them without the option to purchase a new home or car.  Many of the myths that surround ... Read full article

Foreclosure Rates are Down and Housing Sales are Up The end of 2012 may have marked the close of our most recent recession.  Recent reports are showing that foreclosure rates were down by 41 percent in Los Angeles County when compared to the previous ... Read full article

Your mortgage lender is demanding that you “reaffirm” a mortgage note on your residence in your bankruptcy case. Should you agree to do so? First the basics: There are two parts to your agreement with the mortgage lender regarding your residence. The ... Read full article

Most people have a negative association with the word bankruptcy.  However, often what you heard is misleading and misinformed statements from people who are not well versed in bankruptcy law. Many very successful people and businesses have filed ... Read full article

By Ryan C. Wood The short answer is because corporate profits and corporations in general are favored over protecting the individual from harm these days.  Below is only one court decision in the long dismantlement of individual rights in favor of ... Read full article

Filing a bankruptcy case is the first step in stopping a foreclosure on your home and the imposition of the “automatic stay” on collection activity stops the mortgage lender dead in their tracks, but for how long? Not long enough unless you do what the ... Read full article

Sometimes in a Bankruptcy case, timing is everything There are lots of numbers in the Bankruptcy Code: numbers that limit filing under Chapter 13 consumer reorganizations based on the amount of debt that you owe; numbers that determine the amount of your ... Read full article

If you find yourself deep in debt, and are exploring your options to get out, the odds are you’ve considered both bankruptcy and debt settlement. In order to help you make a more educated decision, there are three rules you should be aware of. Rule #1: ... Read full article

An Overview of Chapter 7 Bankruptcy in Florida This article is part of a series on the various state exemption laws that can change the outcome of a bankruptcy case, especially as it pertains to keeping your property. There are many misunderstandings ... Read full article

A Creditor’s Right to Wage Garnishment in Florida Hinges on Whether the Debtor Supports a Family and How Much They Earn Yes, Florida law does allow creditors to garnish your wages. However, a creditors right to garnishment, and the amount they’re entitled ... Read full article

The Goal of Credit Card Lawsuits is to Strengthen the Lender’s Collection Position Credit card debt, unlike mortgage debt, is unsecured debt. This means your credit card company can’t come immediately take your stuff when you don’t pay. Having said that, ... Read full article

This is the case of Warren and Shirley Becker from Aurora, Illinois who are seeking advice concerning debt relief.  The Beckers do own a single family home worth approximately $80,000.  They have a first and a second mortgage on the property.  The first ... Read full article

This is the case of Daniel Davis who hails from Chicago, Illinois who is interested in Chapter 7 fresh start.  Mr. Davis does not own any real estate.  He is currently renting from someone in Chicago and he is on a month to month lease.  He owns outright ... Read full article

Pardeep s. Grewal assist to finding the best solution to our clients about bankruptcy, family law, immigration and relocation service to the United States. We focus on Visa requirements, Green Card with provide aggressive representation. Feel free to ... Read full article

California Has Its Own Bankruptcy Laws Since bankruptcy law is federal, many of the same principles apply in bankruptcy cases regardless of where the case is filed. For example, whether you’re filing in California or Texas, a bankruptcy estate is created ... Read full article

When Evaluating Bankruptcy As A Debt Relief Option, Free Yourself From Ego And Evaluate Your Finances Like A Board Of Directors Regardless of whether it can help, most people who find themselves deep in debt shudder at the thought of bankruptcy. Around ... Read full article