Latest on the Bankruptcy Blog

There are many misconceptions in the bankruptcy world and the line only gets further blurred when we start talking about a business bankruptcy. While there are key differences in personal bankruptcy versus a business bankruptcy, one thing is clear: many people have very little understanding of how the process actually works. While you may have  … Read more

Negotiating with creditors may seem like an intimidating experience, but it can actually be quite beneficial. If you are struggling with debt and having a hard time managing your monthly payments, entering credit negotiations can be one way to help lower your payments and get you back on track. However, you may be wondering why  … Read more

Filing for bankruptcy is not an easy decision for anyone and many people fear the process, but you don’t have to face it alone. Hiring a bankruptcy attorney can be a great asset when working your way through the debt relief process. Even if you decide to go it alone, many attorneys offer free consultations  … Read more

The foreclosure process is overwhelming and stressful for anyone involved. Why are so many homeowners struggling to find a solution on their own? Perhaps they are afraid of becoming victim of a foreclosure alternatives scam. Or maybe they lack the knowledge and understanding about their options and how to proceed. In either case, reports show  … Read more

Florida homeowners have been told they have a new wave of hope coming their way to help avoid foreclosure. As so many other homeowners around the nation have experienced, Florida residents have also found securing a loan modification to be extremely difficult or virtually impossible. With the threat of foreclosure pounding the shores of so  … Read more

When it comes to filing for bankruptcy, many people assume they can represent themselves. While some may be able to successfully navigate the bankruptcy process, others are better of seeking help from a bankruptcy attorney. This is especially true when seeking to file for Chapter 7. There are several aspects of the Chapter 7 process  … Read more

We all tend to be overly concerned about our credit score, and for good reason. From securing a mortgage loan to simply getting the best out of your credit cards, your credit score is highly important. While many of us are aware of the damaging effects of missed payments and high balances, some of us  … Read more

When reviewing options to avoid foreclosure, there are many things to consider. Each option comes with different benefits and risks that could impact your financial future and likelihood of ever obtaining a mortgage loan again. Further, there are very different qualification standards for loan modifications, short sales and deed in lieu transactions. While a deed  … Read more

If you are like most Americans, you may be confused by all of the different mortgage relief options available. Besides the various options, finding out which  one is best for you and your financial situation can be even more overwhelming. One thing is clear, you want to avoid foreclosure. Before agreeing to anything, review the  … Read more

Getting  behind on payments when you own or rent a home can be detrimental. The process of foreclosure and eviction is an unpleasant one and often results in further financial problems. While filing for bankruptcy may be able to help, there are a few things to consider. Owning Vs. Renting If you own a home  … Read more