Category Archives: Blog
Many Americans Too Broke to File for Bankruptcy
Written on , by BLP
Here’s an article that describes average costs for bankruptcy filing and why many Americans are having a difficult time coming up with the funds to file for bankruptcy: http://on.ksdk.com/KHzBMQ It states that, on a nationwide average, attorneys are charging $1500 and court filing fees add an additional $300 along with $85 for credit counseling sessions. Continue Reading
The Best Riverside Bankruptcy Lawyer is Bankruptcy Law Professionals!
Written on , by BLP
Who really is the best Riverside bankruptcy lawyer? Riverside and San Bernardino counties are in the top 5 counties with the most filings nationwide. Everyone wants to search for the best bankruptcy attorney they can find. People look at how many reviews firms have online. They look for referrals from friends who have used these Continue Reading
Unemployment Numbers and Jobs Report
Written on , by BLP
If you are waiting for the economy no rebound until you can fully recover from the recession, you may be waiting for a long time. Don’t wait too long on not paying your creditors. If you don’t deal with your creditors, they can take you to court and force their way into your funds. The Continue Reading
HELOC and Bankruptcy
Written on , by BLP
Our Riverside office location helps many people in the Inland Empire with real estate challenges they are facing due to the real estate bust of last decade. Whether you are facing foreclosure or short sale, a bankruptcy can help protect you from resulting deficiencies and penalties. When you have a Home Equity Line of Credit Continue Reading
Octomom Knows How to Stop Foreclosure
Written on , by BLP
All over the news today, whether you like it or not, headlines about Octomom, Nadya Suleman, are plentiful. There is not much about this person that we can apply to normal lives, but one there is a valuable lesson to be learned that is evident. Someone told Octomom how to stop foreclosure. Her bankruptcy filing Continue Reading
Bankruptcy and Liquidation of Assets
Written on , by BLP
It is very common for our clients to be concerned about how their current assets would be affected by filing for bankruptcy. This may be the number one reason for hesitation towards filing for bankruptcy. It is important to know, when considering bankruptcy, that bankruptcy has exemptions that will protect assets you currently own. If Continue Reading
What You Should Know About HARP 2.0
Written on , by BLP
Here’s some interesting information on the government mortgage assistance program called HARP 2.0. HARP2 or HARP 2.0 is the same program as HARP. It was just extended until December of 2013 and there are some changes to the program. HARP assistance is only available to Fannie Mae or Freddie Mac loans. Fannie Mae and Freddie Continue Reading
Bankruptcy and Payday Loans
Written on , by BLP
A payday loan, also known as a paycheck advance or cash advance, is defined as a short term loan made available to those expecting a paycheck in the future to repay the debt. The interest rates on these loans are not usually calculated and presented in the same way a credit card interested rate is Continue Reading
Bankruptcy and Income
Written on , by BLP
Bankruptcy will protect your income so that your wages will not be garnished and bank accounts will not be levied. When you are under bankruptcy protection, bank levies, wage garnishments, and any other collections activities will be halted. You will have your income protected while your paperwork is being processed in court. In financially challenging Continue Reading
Short Sale Update
Written on , by BLP
There is enough evidence in the current real estate market to prove that banks are now more comfortable with short sale negotiations with underwater home loans. It is important to note that this does not mean they will stop your foreclosure sale under any conditions. Usually, a bank or mortgage company will need a sufficient Continue Reading