Tag Archives: riverside bankruptcy

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

Now that our economy is well on its way to recovery, many of those who were unemployed through the recession are now able to find employment opportunities in our areas of service in Riverside and Orange County. So, how do you deal with a bankruptcy while you are employed? Does your employer need to know? Continue Reading

Bankruptcy Law Professionals services in Riverside and the rest of the Inland Empire proved successful in helping thousands of people in 2012 from our Riverside bankruptcy office. There were many common themes that the general consumers were bringing to the table for us to help resolve. Major issues in the news like student loans and Continue Reading

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

Bankruptcy is normally avoided during the holidays because most of us are much too busy making our holiday plans, visiting relatives, cooking for families, and, of course, buying presents. Bankruptcy Law Professionals would like to remind you that we are open all through the holidays except for Christmas day and New Year’s day. As we Continue Reading

Many families and individuals who are dealing with an upside down mortgaged home and an unaffordable mortgage payment have sought relief via loan modification. Unfortunately, there are major financial institutions that continue to entertain the possibility of a loan modification while they also simultaneously pursue a foreclosure through a foreclosure sale or auction. It is Continue Reading

Bankruptcy Law Professionals can help you manage your eviction process with bankruptcy protection. Bankruptcy protection is a powerful tool to help you get control of a situation that is unpredictable. A foreclosure can leave you in an unsettling position where you are unsure of how long you will be in your home and how much Continue Reading

Mortgage and real estate debt problems continue to impact many people in the Inland Empire and Orange County areas even years after the financial crisis of 2008. Even if you have resolved your real estate issues through short sale or foreclosure, you may still have added to your outstanding credit amounts with unsecured debts like Continue Reading

In the recent months, foreclosure postponement or foreclosure cancellation has seen a dramatic increase. California foreclosure cancellations were up 62.1 percent from September to October, and 36.7 percent compared to last year in September. There is speculation that this spike is due to banks committing to prevention of dual tracking of homes that are both Continue Reading

We are about a month an a half away from the “fiscal cliff”. If Congress does not come to an agreement on the budget to allow federal programs to continue operating, such as the unemployment program, then all of these programs will come to a halt and tax hikes and spending cuts will follow. When Continue Reading