Tag Archives: bankruptcy

Chapter 13 bankruptcy is also known as reorganization bankruptcy. Unlike Chapter 7 bankruptcy, you can possibly keep all of your property, but you also will have to repay all of the debt you owe, or at least most of it, over the course of up to five years. Some of the debt that must be Continue Reading

Your credit score can have an impact on many different aspects of your life. It can impact your employment, living arrangement, and even your relationships. It is no surprise that for those dealing with debt related problems, credit score is often a concern. The difficulty in addressing impacts on your credit score is that everyone Continue Reading

An unexpected event such as unemployment is never easy to manage if you don’t have financial reserves to depend on. Even if you do have financial reserves, it is difficult to plan a future around an unemployed situation. Unemployment can occur unexpectedly through a layoff or by getting fired from your job. When this happens Continue Reading

Are you retired or considering retiring soon? If debt is a major issue that is keeping you from enjoying retirement or preventing you from retiring, consider a bankruptcy to help relieve you of your debt to help you achieve your retirement goals. A bankruptcy can eliminate several types of consumer debts including credit card debt, Continue Reading

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

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

In the counties of Riverside and San Bernardino, there have been 2,585 properties that were in a Notice of Default status at some point within the past 120 days. A Notice of Default is assigned to a property when a mortgage loan on the property is behind on payments for 90 days or more. This Continue Reading

This article from Market Watch describes 62% of Americans as unable to handle emergency financial situations: Market Watch: Most Americans Are One Paycheck Away From The Street You can prevent yourself from this situation by managing your debt today. Don’t wait until you are in an emergency situation before you manage your debt. If you Continue Reading

Here comes 2015. Still have debt hangover from the recession or loads of new debt from the holidays? In 2015, don’t focus on who to blame. Stay focused on how to solve the problem. There is no faster way to get rid of your debt and repair your credit score than filing for bankruptcy. Bankruptcy Continue Reading

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