Tag Archives: chapter 7 riverside
Can You Short Sale Your Property If You File Bankruptcy?
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
Is Your Income Too High For Bankruptcy?
Today, the economy seems to have recovered from the past recession. In your personal situation, you may be back to your normal income and employment may have already stabilized, but if you still have left-over debt that needs to be resolved as a result of an income interruption, bankruptcy can still be an option for Continue Reading
How Much Should You Pay an Attorney to File Bankruptcy?
The purpose of this article is to get everyone on the same page for bankruptcy pricing. We aim to provide the facts on how attorneys are pricing their services and what you really need to know about what you are paying for when you pay a law office or paralegal for bankruptcy services. For now, Continue Reading
Is Bankruptcy Really “Bad” For Your Credit?
In a difficult financial situation where you are behind on debt payments without an end in sight, is filing a bankruptcy still “bad” for your credit profile? Bankruptcy on its own is definitely a negative impact on your credit profile, but the reality is that most people who are looking into bankruptcy may already be Continue Reading
Bankruptcy Attorneys in Riverside Court and San Bernardino Court
Bankruptcy Law Professionals has been practicing law in the Inland Empire for over a decade. We understand there are many choices to make when trying to select a bankruptcy attorney in the city of Riverside and surrounding areas, Riverside County, and San Bernardino County. Since the San Bernardino court system and the Riverside court system Continue Reading
How to Pay for Bankruptcy Services on a Low Budget
Filing for bankruptcy can sometimes be an additional financial problem on top of the debts that you already need to include in a bankruptcy. With many law firms charging upwards of $2000 or more for bankruptcy services, it may be difficult for some people to come up with the funds to file for bankruptcy if Continue Reading
What Type of Loans Can You Get After Bankruptcy?
WHAT TYPE OF LOANS CAN YOU QUALIFY FOR? Many people are under the impression that a bankruptcy or low credit score can hold you back from securing loans with lending organizations or banks. Bankruptcy Law Professionals would like you to know that you have the potential to secure any loan you may be interested in Continue Reading
2nd Mortgage Charged-Off
What does it mean if a 2nd mortgage on real estate is “charged-off”? If you had a Home Equity Line of Credit (or HELOC) on your home or if you had a purchase money 2nd loan that was not paid, some banks will charge-off the debt. This designation can be seen on a credit report Continue Reading
Debt Limits for Chapter 7 Bankruptcy
In a Chapter 7 bankruptcy, there are no guidelines or limits to the debt amounts included in a Chapter 7 bankruptcy petition. If you are considering bankruptcy as a potential solution to your debt issues, you may at some point have asked yourself these questions: 1. Do I have enough debt for bankruptcy? 2. Do Continue Reading
How Much Credit Card Debt Do I Need to File Bankruptcy?
If you are asking yourself whether you have enough credit card debt to file for bankruptcy, now may be the right time for you to do it. Putting off a bankruptcy will only place you in a more and more urgent position to get your bankruptcy filed. There is no specific minimum amount of credit Continue Reading