“Many people look forward to the new year for a new start on old habits.” Author Unknown. We ring in the New Year in just a few days... Toasting family and friends with hopes of following through on those pesky New Year resolutions. There is an abundance of advice on how to stick with those [...]
Can I get a car loan after filing bankruptcy? Yes -- Credit. Cars. Houses. They are all available after filing for bankruptcy. There are Lenders that are willing to work with you. Timing is key so be aware of the terms. Early financing can come with high interest rates. Many people recognize the need for [...]
Will my credit score be ruined if I file for bankruptcy? Will I ever be able to get credit again after I filed for bankruptcy? You may be surprised! This is a common question and concern for those considering bankruptcy as an option to relieve their debt stress. You may be surprised to find that [...]
Do I have to hire a Bankruptcy Attorney? Or can I represent myself in Bankruptcy Court? Simple answer: no you don't have to hire an attorney and you may represent yourself. We get this question a lot and we get it... We know that funds are already tight -- that's why you are considering bankruptcy. [...]
Can filing bankruptcy save my house from foreclosure? If you are behind on your home mortgage filing for bankruptcy may give you the ability to save your home. There are two different chapters of bankruptcy utilized by most consumers – chapter 7 and chapter 13. An automatic stay will go into effect on the day [...]
It depends. Do you want to keep the car? You may file your bankruptcy case before your car is repossessed or you can chose to wait until the creditor repossess your car to file your case. Your intention for moving forward is most important. Speak with a knowledgeable bankruptcy attorney to determine which Chapter of [...]
First the letters. Now the calls. What should you do? Overwhelming debt is enough to deal with before the phone starts ringing, over and over and over... Know that there are options available to you -- We all try hard to pay our bills and not spend more than we have. However, sometimes emergencies arise. [...]
Yes! Get rid of the debt you have cosigned on. Cosigner is the same as Codebtor. You are entitled to bankruptcy relief. If you have agreed to co-sign on a debt with a friend, partner, relative, or ex-spouse you may be in an unfortunate situation if the other person has stopped paying on the debt. [...]
FALSE. You qualify to get rid of your debts. Credit card debt is usually discharged in bankruptcy. Apparently there is a rumor or a misunderstanding regarding credit card debt and the ability to discharge it through a bankruptcy filing. None of what I have heard is based in truth. That is why it is so [...]
Ex-spouse has filed a Chapter 13 Bankruptcy case. I am owed child support. Will I receive the child support arrears that are owed to me? There are certain debts that are not dischargeable in either a Chapter 7 Bankruptcy or Chapter 13 Bankruptcy case. Child support is one of them. So, you will get any [...]