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Tag: mortgage

What are some limitations of protection of bankruptcy?

September 13, 2012
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| Bankruptcy Filing

If you are considering filing for bankruptcy you have, no doubt, considered a number of the positive effects of filing for bankruptcy. To name a few: filing for bankruptcy can reduce or eliminate unsecured debt obligations, can provide peace of mind, and can get a debtor back on track financially. However, bankruptcy is not a […]

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Secured Debt and Bankruptcy

September 7, 2012
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| Bankruptcy Filing

Prospective clients often have a number of types of debt and issues leading them to consider filing for bankruptcy. One of the most commonly asked questions is whether a particular item or debt has to be included in the bankruptcy. The answer to this question is unequivocally “yes”. Any debt that is owed at the […]

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Co-Debtors and Bankruptcy

September 7, 2012
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| Bankruptcy Filing

Oftentimes prospective clients have a number of different types of debts to discuss at a consultation. In some cases a debtor has a debt with another person. This could be because the debtor has a co-signer or is a co-signer. This could also be a debt like a mortgage that was held by two people […]

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Lien Stripping and Bankruptcy

August 16, 2012
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| Bankruptcy Filing

There are a plethora of reasons a debtor may consider filing for bankruptcy, under Chapter 7 or Chapter 13 of the Bankruptcy Code. In many cases people are looking for a straight discharge and do not want to pay back creditors. To qualify to file for a Chapter 7 Bankruptcy, the procedures most commonly associated […]

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Loss Mitigation and Bankruptcy

August 3, 2012
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| Bankruptcy Filing

Many people consider bankruptcy due to concerns about their house, whether it is a foreclosure or the inability to afford the home in light of other financial obligations. For the individual debtor the choices, depending on a number of circumstances, are a Chapter 7 or Chapter 13 Bankruptcy. Each comes with advantages and disadvantages. In […]

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Categories

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