Category Archives: Bankruptcy
Find the information you need on bankruptcy filing including Chapter 7 and Chapter 13 bankruptcy. Filing for bankruptcy can be a difficult decision in life, but it can sometimes be a necessary step to making progress with your debt situation. Our articles about bankruptcy has helpful information to help you get informed on various issues regarding bankruptcy. Although our articles are informative, the articles should in no way be taken as legal advice. Legal advice can come from our attorney who can be reached at 855 257-7671.
Bankruptcy For Car Loan, Auto Loan, Repossession
Written on , by BLP
Auto loans are easy to get and auto finance rates are very low. It is difficult to resist the temptation of buying the best car you can afford, but missed car payments can lead to negative marks on your credit and can also lead to repossession. Late payments of auto loans on your credit record Continue Reading
Article: What One Woman Learned Declaring Chapter 7 Bankruptcy
Written on , by BLP
Here’s a great article about a woman who used Chapter 7 bankruptcy to put her finances back on track for the long term future. It is a learning experience that can teach many lessons to those who are in a similar situation. Check out the link below about a brave woman who was dealing with Continue Reading
Will Your Employer Find Out About Your Bankruptcy?
Written on , by BLP
A bankruptcy is a private matter although bankruptcy court is a public arena. Your attorney will be working under a client confidentiality agreement in which the attorney and law firm is not to provide any information to unauthorized parties. Those who are employed and need to file bankruptcy may be concerned about the privacy issues Continue Reading
Bankruptcy Credit Counseling Is Not Anything to Worry About
Written on , by BLP
One of the major changes that spurred a large influx of bankruptcy filings was the changes made to require each bankruptcy filer to complete credit counseling sessions with the a certified/licensed bankruptcy credit counseling organization. There are many potential filers who are very concerned about the bankruptcy credit counseling. The purpose of this article is Continue Reading
How To Avoid Bankruptcy Court Filing Fees
Written on , by BLP
Is There A Way to Avoid Court Filing Fees? The filing fee for Chapter 7 bankruptcy is currently $335. In order to avoid paying a court filing fee for bankruptcy in the Central District, you can apply for a fee waiver. There is an option to allow people to apply to waive the court filing Continue Reading
Are You Too Young To File For Bankruptcy?
Written on , by BLP
At what age should you file for bankruptcy? Is it too early to file when you are in your late teens or early twenties? Is it too late to file if you are retired? When you have been told all of your life to avoid bankruptcy, it might be difficult to judge the optimal time Continue Reading
How Will Bankruptcy Affect Your Family and People You Are Associated With?
Written on , by BLP
Can a bankruptcy impact your family if you are the only one filing? Many people who are considering bankruptcy are interested in the impact of the bankruptcy to their immediate family or others who they may be associated with in business or acquaintance. The fact is that a bankruptcy filing can be done completely independently Continue Reading
What CANNOT Be Discharged in Bankruptcy?
Written on , by BLP
There are debts that are not able to be discharged in Chapter 7 bankruptcy. Bankruptcy code has information that allows certain debts to be discharged and some cannot be discharged at all. It may surprise you to find out how few debts cannot be discharged in a bankruptcy. Surprisingly, some of the hottest topics in Continue Reading
What Happens While Your Bankruptcy Is “In Process”?
Written on , by BLP
A bankruptcy attorney is always asked how long a bankruptcy will take to reach discharge and when the bankruptcy file will be closed. A Chapter 7 bankruptcy can take anywhere from a few months to several months depending on your situation, how your case is managed, and how fast the court system your are working Continue Reading
Can You Short Sale Your Property If You File Bankruptcy?
Written on , by BLP
A short sale is a real estate negotiation between the home owner and the mortgage bank. Your real estate agent should be one that has had some experience with short sale negotiation with a mortgage bank. With the proper guidance from a short sale specialist real estate agent, you may be able to sell a Continue Reading