Monthly Archives: March 2012
What Does HARP Stand For?
Written on , by BLP
In case you are confused… HARP stands for Housing Assistance and Recovery Program. MHA stands for Making Home Affordable. HAMP stands for Housing Affordable Modification Program. All of these programs were designed to help you and your family in your foreclosure situation. Many of our clients have found that banks are luring you in to Continue Reading
Debt Collectors Are Not Allowed to Contact You Once You File Bankruptcy
Written on , by BLP
A debt collector is not allowed to contact you when you file for bankruptcy. Before your petition is filed, if you let them know that you have retained Bankruptcy Law Professionals for bankruptcy, it is already illegal for them to contact you. Once they have knowledge that you have retained our law office for bankruptcy Continue Reading
How Soon Can We Stop Your Foreclosure Sale?
Written on , by BLP
We have stopped foreclosure sales or trustee auctions on the same day that a client calls us. On many occasions, Bankruptcy Law Professionals has stopped foreclosure sales immediately after a client calls us. In this situation, usually a client has a foreclosure sale that needs to be stopped on the same day that they call Continue Reading
How Will Bankruptcy Affect Your Future?
Written on , by BLP
Many people are very concerned about the affects of bankruptcy in their future. How will bankruptcy affect my employment opportunities? How does bankruptcy affect my future credit report in the long run? Will people find out about my bankruptcy? We will try to address these issues in today’s entry. The first thing to note about Continue Reading
Bankruptcy Represented by an Attorney
Written on , by BLP
If you are under the impression that there is some faster, cheaper, and more effective way of filing a bankruptcy than being represented by an attorney, you might have a surprise coming. The best way to file for bankruptcy is to be represented by an attorney. Attorney representation, in the long run, will definitely cost Continue Reading
Discharge Credit Card Debt With Bankruptcy
Written on , by BLP
It is widely known that a chapter 7 bankruptcy can eliminate or discharge credit card debt if all of the bankruptcy requirements under the bankruptcy code are fulfilled, but what actually happens to all of your credit card accounts after you file for bankruptcy? Here’s some information on what happens with your credit card accounts. Continue Reading
What is the difference between a HELOC and Purchase Money 2nd Loan?
Written on , by BLP
Today we would like to help explain the difference between a HELOC and a purchase money 2nd loan as it related to bankruptcy. A HELOC or Home Equity Line of Credit, is a line of credit, similar to a credit card, that was given to you through the equity you have (or had in the Continue Reading
Bankruptcy Can Solve Several Debt Issues at the Same Time
Written on , by BLP
Here is a typical situation with multiple debts that can be resolved by Bankruptcy Law Professionals: CLIENT: I owe $285,000 on a money-pit of a home that’s worth way less. I have over $50,000 in credit card debt, a car that’s soon to be repossessed, a few hospital bills, and a $1,500 lien on my Continue Reading
Expertos en Bancarrota de Habla Hispaña
Written on , by BLP
NO PIERDA MAS SUS SALARIOS! Expertos en bancarrota de habla hispana en nuestra oficina de Tustin/Santa Ana pueden ayudarle! Llame para hacer su cita al 888-872-3507 por ayuda en Espanol. LA BANCARROTA PUEDE ELIMINAR: Deudas de tarjetas de credito, prestamos de dia de pago, adelantos de efectivo, facturas de telefonos cellulares, rentas atrasadas, lineas de Continue Reading
Price of Bankruptcy
Written on , by BLP
In the time that Bankruptcy Law Professionals and our staff has been handling bankruptcy files, we have always maintained a low price compared to the market out there today. Price is important, but don’t let bankruptcy attorneys fool you. You don’t always get what you pay for in the legal field. Some attorneys will price Continue Reading