Oct 3, 2017 | Bankruptcy and Foreclosure Proceedings
When a foreclosure happens, no one truly wins – not the bank, not the real estate market and certainly not you. In a foreclosure, the bank typically takes a loss on their loan, the market receives a property that cannot be sold for top value, and you lose the most...
Oct 3, 2017 | Bankruptcy and Foreclosure Proceedings
For many people considering bankruptcy, the real question isn’t whether or not they should file, it’s what should they expect after their bankruptcy has been discharged. Bankruptcy filers should always expect their credit to take a pretty major hit. In most cases,...
Oct 3, 2017 | Bankruptcy and Foreclosure Proceedings
Chances are, if you have hit hard times financially, you may also be facing repossession of your vehicle. Despite what you may think, your lender wants you to keep your car, and if making timely payments or catching up on your loan is out of the question, you may want...
Oct 3, 2017 | Bankruptcy and Foreclosure Proceedings
One of the biggest concerns for individuals wishing to file bankruptcy is knowing whether they are eligible for Chapter 7 or Chapter 13. Before 2005, qualifying for Chapter 7 bankruptcy was relatively easy. However, after the Bankruptcy Protection Act of 2005 was...
Oct 3, 2017 | Bankruptcy and Foreclosure Proceedings
When financial hardship has reached the point of foreclosure, many individuals find it difficult to fight against what they believe is inevitable. It is quite common for individuals that are facing foreclosure to be extremely frustrated, depressed or even scared. Not...