Bankruptcy Attorney | Long Term Effects on Your Credit Bankruptcy Attorney . The decision to declare bankruptcy is never entered into lightly but one of the drawbacks that isn't often considered is the long term effects. Declaring bankruptcy is by no means a quick fix. It's a complicated process and requires a lot of paperwork [...]
Bankruptcy Attorney | File for Chapter 7 or Chapter 13 Bankruptcy? Bankruptcy Attorney . Chapter 7 vs. Chapter 13. There are a variety of reasons why consumers may end up filing for bankruptcy. Maybe it's the lack of jobs after a stagnant economy zapped the market, or a business that had promise but ultimately crumbled. [...]
Bankruptcy Attorney | Can I Keep My House? Bankruptcy Attorney . Bankruptcy can be a frightening event, but one that is becoming all too common. In fact, the rate of bankruptcy has risen lately to its highest levels since 2005. One of the ideas that may make bankruptcy so forbidding, is the thought that everything [...]
Bankruptcy Attorney | When NOT to File for Bankruptcy Bankruptcy Attorney . Here are 13 examples of when not to file for Bankruptcy. 1. Urban Legend - doing it inappropriately because "everybody at work did it" 2. Foreclosures - to discharge a potential mortgage deficiency on your home - the mortgage lender may never bring [...]
Bankruptcy Attorney | "Short Sale" of Real Estate Bankruptcy Attorney . A short sale involves the mortgage lender agreeing to allow a homeowner to sell his real property for a price less than enough to payoff the mortgage in full. That is, the lender agrees to release its mortgage lien on the property for an [...]
Bankruptcy Attorney | FL Bankruptcy Exemptions Bankruptcy Attorney . Persons filing for bankruptcy in Florida generally use the exemptions provided by Florida law and non-bankruptcy federal law. Florida law provides for exemptions in the Florida Constitution, Florida Statutes and common law. Real Property Certain real property, such as a homestead, and personal property are "exempt" [...]
Bankruptcy Attorney | One Word in Bankruptcy that is Forgiving Student Loans Bankruptcy Attorney . The instructions from Congress for how a struggling student loan borrower can attempt to leave that debt behind in bankruptcy contains one word that can have two meanings. The resulting ambiguity caught the attention of Emory University law professor Rafael [...]
Bankruptcy Attorney | How much does it cost to File? Bankruptcy Attorney . For most, filing for bankruptcy comes at a huge emotional cost. But there's also an initial financial cost to file. How much does it actually cost to file for bankruptcy? Here is an estimated breakdown of all expected expenses you may have [...]
Bankruptcy Attorney | Can I Keep My Credit Card After Filing Bankruptcy? Bankruptcy Attorney . In most cases, banks cancel a debtor's credit cards when they receive notice of his or her bankruptcy. But as always, the general rule has exceptions. Whether or not you can keep your credit card after filing bankruptcy will largely [...]
Bankruptcy Attorney | Is Chapter 7 Right for You? Bankruptcy Attorney . If you're facing overwhelming debt, you may be considering filing for Chapter 7 bankruptcy. Chapter 7 bankruptcy is a solid option for many, as it can give you a "fresh start," erasing the obligation to repay and giving you a chance to get [...]