When you face serious financial problems filing Bankruptcy may well be a necessary and correct path for you. But caution is always required. By consulting with a law firm that has years of experience with Consumer Bankruptcy you can steer clear of some big pitfalls. These are some of the serious DON’Ts to avoid when filing […]
Don’t Do This When Considering Filing Bankruptcy Read Post »
Bankruptcy Video
IF I FILE BANKRUPTCY CAN I REBUILD MY CREDIT? WILL I BE ABLE TO BUY A HOUSE? Bankruptcy cases show up on your credit report as a bad mark but it often cleans up other bad marks. Also, it reduces your debt to income ratio. So there is good and there is bad. Credit reports
Rebuilding My Credit After Bankruptcy. Part 1 Read Post »
Bankruptcy Credit VideoWalking down any street in America you’ll likely pass one or several homeless people. Some people might choose to put a few dollars in their cup, while others may simply be at capacity already dealing with their own problems and may forge ahead without considering the homeless person. It’s hard to know what’s going on
The Bankruptcy Option—Your Friend When Debt Becomes Insurmountable Read Post »
Bankruptcy Debt VideoThe idea of filing for bankruptcy is difficult for many people to swallow. Among other things, the shame of letting themselves get into financial hardship can keep people from taking that action. While the process can be difficult to commence, the reality is there are times when it is necessary to simply regroup and start
Bankruptcy as A Learning Experience Read Post »
Bankruptcy Marriage VideoThe decision to file a Bankruptcy or to consider it is a business decision. Corporations don’t fret about it. They look at the facts of their business. If it works best for them they don’t hesitate. Payless Shoes recently filed a Bankruptcy and within a short time they immerged as a strong solvent company. United
Is Filing Bankruptcy Right for Me? Read Post »
Bankruptcy VideoWhen you have a great deal of debt that cannot be managed the best solution is to file a Chapter 7 bankruptcy. There are, however, situations where filing a Chapter 7 is not possible or is not in a person’s best interest: filing a Chapter 13 is the best path for you. This article is
How Does A Chapter 7 Bankruptcy Compare To A Chapter 13? Read Post »
Bankruptcy Chapter 13 Chapter 7 VideoThere are times when filing Bankruptcy is obvious such as when there is a traumatic event: Wage Garnishment; repossession, law suits, foreclosure, license suspension for parking tickets. For many others there are struggles and doubts. Should I file? Or, should I hold on? Filing for Bankruptcy is an individual decision. All a good lawyer can
File Bankruptcy and Rebuild Your Credit Read Post »
Bankruptcy Credit VideoThe following is a sample of emails or telephone calls that I frequently get. Dear Mr. Adams: I have a lot of bills and can’t get ahead. But, I am afraid if I file Chapter 7 bankruptcy my credit will be ruined for forever. Signed,(name withheld for privacy) Dear ABC, Legend has it that filing
Will Bankruptcy Ruin My Credit Forever? Read Post »
Bankruptcy Credit Credit Score VideoMany people avoid bankruptcy on the belief they can never get a mortgage. That is not true. Actually, the opposite may be true for many good folks. If you have too many debts or have a low credit score obtaining a mortgage is too difficult. To get a mortgage you have to resolve your debt problems. Bankruptcy
How Long After Bankruptcy Can I Buy A Home? Read Post »
Bankruptcy Home VideoMan good folks who are deep in debt avoid or defer filing for Bankruptcy. Why? They hear and read lot of misinformation and lies. Special interest groups such as banks fight against filing Bankruptcy. Why? If they can prevent you from filing bankruptcy or delay it they will able to squeeze more money out of
Common Myths And Lies About Consumer Bankruptcy Read Post »
Bankruptcy Video