Latest on the Bankruptcy Blog

There are a lot of “bankruptcy basics” we could spend our time talking about.  From doing a little independent research to getting spending habits under control, you can take charge of your situation in a number of ways.  Whether you’re about to enter into the bankruptcy process, or whether you are concerned about your financial  … Read more

This week brought some great news for foreclosure victims.  And, if you have been affected by foreclosure, you know that’s not a sentence you read every day!  The Federal Reserve Board has recently discovered that several major mortgage providers have committed some unsafe and unsound practices related to the foreclosure process. The Details The details  … Read more

Home ownership is a wonderful thing.  When you have a roof over your head where your family can be together, share life, and grow, the feeling is wonderful.  When you own that roof, those walls, and everything in between, the feeling is even better.  However, when that rug is pulled out from under you, it  … Read more

Did you know that you can undergo debt negotiation with the IRS?  It seems that many people think Uncle Sam isn’t willing to budge when it comes to taxes.  While you will have to pay your taxes, there are lots of IRS programs available to those who are struggling to do so.  These programs can  … Read more

So far, we’ve brought up two great reasons you might want to consider filing for bankruptcy.  By filing for bankruptcy you can shut out those harassing creditors, and you can even stop foreclosure on your home.  Filing for bankruptcy isn’t just about wiping the slate clean and getting a fresh start.  The legal sanctuary offered  … Read more

Many people are concerned about taking on loans they can’t afford, especially if they have experienced a bankruptcy in the past.  Unfortunately, many more people are not concerned about taking on loans they can’t afford.  The latter group of those two is far more prone to bankruptcy.  However, it doesn’t always have to be that  … Read more

For many Americans today, a loan with bad terms and a high interest rate can make life quite difficult.  If you are struggling to repay your loan, then you should consider loan modification.  Talking to your lender about loan modification can give you the relief you need in order to pay off your loan in  … Read more

There are a lot of bankruptcy myths floating out there.  Between uninformed people and the powerful tool of the Internet that amplifies their words, we’ve found that a lot of people have certain false preconceptions about bankruptcy that prevent them from seeking help.  One of the most common bankruptcy myths is that you’ll never bounce  … Read more

While shaking creditors is the most common reason many people enter into the bankruptcy process, filing for bankruptcy can also put a grinding halt to another major financial hardship: foreclosure. Stop Foreclosure on Your Home Most people are surprised to know that they can actually stop the foreclosure process by filing for chapter 13 bankruptcy.   … Read more

For many people who are facing debt and financial hardships, anything money-related can seem to be rather demoralizing.  However, it doesn’t have to be like that!  There are opportunities available to you that can help you turn your situation around, and put you back in the driver’s seat. Enter Debt Settlement! Debt settlement is a  … Read more