You Can Recover From Bankruptcy and Bad Credit
You can file for Chapter 7 bankruptcy unless the following conditions exist. 1) you make more money than the median income in your state; or 2) you’ve previously received bankruptcy discharge/case dismissal; or 3) you haven’t participated in mandatory …
First of all, you should: 1) Make sure that whoever is trying to foreclose on your home actually owns the mortgage. Because of the creative ways mortgage securities have been packaged recently, the lender may have a hard time proving that it has the ri…
The bankruptcy process is not meant to be inherently difficult, but there are several rules and guidelines that must be followed in order for a case to be successful. Debtors should be adequately prepared coming into the process and be aware of certain…
When people hear the word bankruptcy they often picture the worst. The thought of losing assets and damaged credit drives many people in need away from the benefits bankruptcy has to offer them. The truth is much of what is said about bankruptcy is eit…
Spending money before it is earned is common in today’s world. One of the reasons contributing to this factor is the existence of economic conditions that are typically identified with factors such as recessionary and inflationary trends.
Taxes can be a tricky subject and many people simply ignore them most of the year and only pay attention come tax time. Although no one sets out to owe the IRS money, it does happen to many people. While most people assume tax debts are not dischargeab…
Bankruptcy trustees play a large role in your bankruptcy but many people are confused about what a bankruptcy trustee does – and does not – do. The following are a few things you need to know about bankruptcy trustees and their role as you consider fil…