There is still good arguments being made for trying to stay in your home or to walk away if you can not make the payments. The important thing to do is this situation is to make sure you talk with a professional to understand what ...
The National Association of Bankruptcy Lawyer along with several other Consumer groups is trying to get the Obama Administration to work with the Mortgage industry to accept the Principal Pay Down plan. The short version of this will allow individuals in Chapter 13 to pay ...
The answer to the question is yes. But the better question: is it WISE to file bankruptcy without your spouse? Here are some of the issues that a bankruptcy attorney must consider. Do you and your spouse have joint debt? This can be determined ...
The answer to this question is…Maybe. In Ohio, only a portion of your income tax refund is “safe” from the bankruptcy Trustee. For example, any portion of your tax refund that is attributable to Earned Income Credit (EIC) or Child Tax Credit, is protected. In ...
So now is the time of year when you are filing your taxes and you are about to receive the largest lump sum of money that you will get all year. You have waited 12 long months for this chunk of cash and you have ...
If your car loan or other installment loan has a co-signer, like your mother or father, what happens to them if you file bankruptcy? The short answer is: it depends. If you file a chapter 13 bankruptcy, then both the debtor and co-debtor will enjoy ...
The bankruptcy law requires that you complete a credit counseling course prior to filing. We try to make this easy on our clients. You can go to http://www.hummingbird.org Then follow the instruction for before bankruptcy credit counseling. The session will require you ...
The majority of calls I receive in a day are from my clients (or potential clients) who are receiving calls from collection agencies. These collectors can be relentless and cruel, sometimes calling 10-15 times per day. The collectors will call them at work or even ...
As of April 1, 2010, more people than ever are able to file a chapter 13 due to debt level increases. When you file a bankruptcy, your debts are divided into secured debts, such as a mortgage or car loan, and unsecured debts, such as ...
Have you considered consulting with a debt relief agency to help you manage your debt? Beginning October 27, 2010, debt release agencies will have to follow new rules to protect the consumers they are claiming to help. The new rules will change the fee structure ...
