by Bankruptcy Law | Mar 11, 2021 | Bankruptcy, Chapter 7 Bankruptcy |
We are well into a New Year, and resolutions to get control of finances are often at the top of most resolution lists and in full motion. This is especially true if you are in financial trouble and contemplating bankruptcy. Whether or not bankruptcy is in your future,...
by Bankruptcy Law | Feb 16, 2021 | Bankruptcy, Foreclosure |
The passage of the CARES Act last year assisted many homeowners who were experiencing financial hardship due to the pandemic. Guidelines were issued on federally backed mortgages, including Fannie Mae and Freddie Mac, as well as Veterans Affairs (VA) and Federal...
by Bankruptcy Law | Jan 27, 2021 | Bankruptcy, Personal Bankruptcy |
Debt is a sure part of life at some point in life. Even the most frugal person will find themselves owing money to someone at some point. Going to school, buying a house, buying a car, virtually all major adult milestones will require borrowing money unless you hit...
by Bankruptcy Law | Dec 10, 2020 | Bankruptcy, Personal Bankruptcy |
Bankruptcy is not a walk in the park. It’s not easy on your wallet, on your finances, and it’s not easy on you emotionally or mentally. It’s stressful and even devastating and that’s okay. Understanding that this is going to be a burden for you emotionally and...
by Bankruptcy Law | Nov 30, 2020 | Bankruptcy, Chapter 7 Bankruptcy |
There is a lot to know before you make a decision about any type of bankruptcy filing. The two most common bankruptcy filings are Chapter 7 and Chapter 13, with Chapter 7 being the option chosen the most.1 The most basic difference between the two types of filings is...
by Bankruptcy Law | Nov 9, 2020 | Bankruptcy, Personal Bankruptcy |
American households face a tsunami of debt. Prior to the pandemic, credit card balances were already at record levels, as were auto loans. Just 12 years after the housing crisis, mortgage debt has eclipsed pre-recession levels. Then the pandemic arrived. Though the...
