Latest on the Bankruptcy Blog

You can’t afford to pay your bills. You are drowing in debt. Now that you have decided to file for bankruptcy protection, you are wondering how you are going to pay for the cost of filing for bankruptcy.  Although there are some costs associated with filing for bankruptcy, remaining in debt will cost you far  … Read more

Have you ever wondered what happens after your New Program Offers Continued Care Many people still need help and advice after they have received their bankruptcy discharge. Your credit will be not be in perfect shape after a bankruptcy and you will need to begin to repair it. Repairing your credit can be a tricky  … Read more

Many Americans are in debt over their heads and are having difficulty maintaining their finances. There are several ways to begin the process of reducing your debt. The path to financial stability can be one of many tempting offers and services. With so many companies and services available, finding the right solution for your financial  … Read more

There are many types of debt that are not dischargeable through bankruptcy. Further, other types of debts may be considered top priority for repayment in a Chapter 13 plan. For many individuals that have broken the law, they may be court ordered to pay restitution for their crimes. It is not uncommon for some to  … Read more

Time is running out for families to take advantage of the latest federal program offering mortgage assistance. The Emergency Homeowner’s Loan Program (EHLP) is a federal aid program designed to help at risk homeowners facing foreclosure. The program is providing $1 billion in funding to over 27 states and the deadline for applications is July  … Read more

Healthcare reform is a topic of ongoing concern. Many people are without health insurance and can’t afford the cost of healthcare. Providers are also struggling to provide services on a limited budget. The industry is performing an epic balancing act of providing services and making a profit. The local doctors office isn’t the only entity  … Read more

Princess Diana was well known for her majestic and always trendy fashions. Pieces from her extensive dress collection are displayed in exhibits around the world. Often, her pieces are sold as part of charity auctions.  Unfortunately, one woman’s mission to keep Diana’s charitable nature alive has led her to bankruptcy in the wake of economic  … Read more

Have you applied for credit and been denied? Were you alerted by a credit agency that there was a change in your credit score? Most people have no idea what their credit score is, mostly due to the difficulty in obtaining such information. The government allows for consumers to have access to a free copy  … Read more

When a couple decides to file for bankruptcy, there are several things to consider about when is the best time to file. Filing for bankruptcy before a divorce can often make the process much easier than filing after a divorce. In a divorce, assets must be divided and shared debts must be managed. There are  … Read more

Are you confused about where an Adjustable Rate Mortgage (ARM) gets the interest rate? Does it seem that the rates are set by the banks? Is there any regulation of these rates? ARMs are based on two figures, an “index” and a “rate”. The “index” is the rate at which the bank can borrow money  … Read more