Bankruptcy & consumer credit : Law & Legal & Attorney

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Why You Need To Hire a Business Bankruptcy Attorney?

Why You Need To Hire a Business Bankruptcy Attorney?

Individuals who have to file for bankruptcy can do so without the services of a bankruptcy attorney. However, federal law stipulates that businesses cannot file for bankruptcy without the services of a bankruptcy attorney. It does not matter whether your business is a one man operation or whether th......[Read More]
The Legal Procedures On Being Bankrupt

The Legal Procedures On Being Bankrupt

Before we move on to chapter 7 Denver which deals with the remedies of bankruptcy we should first know what bankruptcy really is. When a person takes something in credit from a person or an organizati......[Read More]
Seek Financial Advice Prior To Filing Bankruptcy

Seek Financial Advice Prior To Filing Bankruptcy

When an individual is looking into filing bankruptcy they should seriously consider all of the options available to them. While filing bankruptcy can eliminate most if not all of one's debt, it can leave a black mark on their credit for up to 10 years. When considering the best course of action......[Read More]
Bankruptcy Pre-filing and Post-Filing Credit Counseling Requirements

Bankruptcy Pre-filing and Post-Filing Credit Counseling Requirements

Among the new requirements introduced by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, were the requirements that every debtor seeking to file for bankruptcy protection complete the pre-filing bankruptcy debtor credit counseling course offered by numerous new US Trustee-approv......[Read More]
How to File for Bankruptcy in Minnesota

How to File for Bankruptcy in Minnesota

Bankruptcy law is composed of very complex rules and procedures to be followed. Mistakes could cause the loss of money and/or property, the dismissal of the debtor's case to the debtor's detriment and the entrance into a five-year repayment plan when the debtor could have easily filed for Chapter 7.......[Read More]
Bankruptcy Lawyer - Why You Need A Good Attorney In Filing For Bankruptcy

Bankruptcy Lawyer - Why You Need A Good Attorney In Filing For Bankruptcy

If you had lost your job or your business, and are overwhelmed by your financial obligations, bankruptcy may be the right option for you. Filing for bankruptcy will allow you to financially start all over. However, if you decide to file for bankruptcy, you should really consider checking bankruptcy ......[Read More]
How to Write an Economic Hardship Letter to Your Lender

How to Write an Economic Hardship Letter to Your Lender

An economic hardship letter is a must for loan modification and it is a requirement by every lender. It must describe your hardship. Give them all the details. Tell them a story. It is not hyperventil......[Read More]
Measuring The Expense of Filing Bankruptcy

Measuring The Expense of Filing Bankruptcy

Many people suffering from the severe economic downturn to no surprise are looking into filing bankruptcy. Today you can't turn on the TV without hearing something about bankruptcy or debt consolidation. Usually, individuals try to weigh the pros and cons of filing bankruptcy versus debt consol......[Read More]
Can You Have Two Houses & File Bankruptcy?

Can You Have Two Houses & File Bankruptcy?

In 2010, nearly 1.6 million people filed for bankruptcy protection from their creditors in the U.S. This is up 8.1 percent over 2009 numbers. Debtors still continue to seek protection from their creditors due to job loss or other financial problems. Bankruptcy is available to people who own two hous......[Read More]
Filing for Bankruptcy and Its Requirements

Filing for Bankruptcy and Its Requirements

In order to file for bankruptcy, these are just some of the things you need to consider. Please keep in mind that additional requirements may be necessary depending upon your situation. This is the re......[Read More]
Stafford, Connecticut Foreclosure & Bankruptcy Laws

Stafford, Connecticut Foreclosure & Bankruptcy Laws

Filing for bankruptcy can enable you to save your home from foreclosure.home sweet home image by David Dorner from Fotolia.comIf a Stafford, Connecticut debtor has missed mortgage payments, he may not be looking forward to the Notice of Default that will be placed in his mailbox soon..........[Read More]
How to Reopen a Bankruptcy Time Limit

How to Reopen a Bankruptcy Time Limit

Chapter 13 bankruptcy is a type of personal bankruptcy that, instead of complete liquidation like a Chapter 7 bankruptcy, uses an extended repayment plan confirmed by the Bankruptcy Court to repay creditors. A Chapter 13 bankruptcy plan spans from three to five years in length, with 60 months (five......[Read More]
What Is Real Estate Bankruptcy?

What Is Real Estate Bankruptcy?

Okay, so you have purchased a house in San Diego and settled in with your family. But, what about the loan amount that you have to pay back to the bank or lender? If you don't make preparatio......[Read More]
The Pitfalls of The Means Test When Filing for Bankruptcy

The Pitfalls of The Means Test When Filing for Bankruptcy

It's funny how the subject of filing bankruptcy no longer has the stigma that it used to have. Bankruptcy has become a common topic for people to talk about in middle America. Many people used to be afraid to let anyone know that they were in the midst of a bankruptcy filing or even a foreclosu......[Read More]
10 Largest Bankruptcies

10 Largest Bankruptcies

All of the lawyers at Rubin & Associates, P.C. are members of the National Association of Consumer Bankruptcy Attorneys (NACBA). Rubin & Associates, P.C. has three offices, allowing us......[Read More]
Credit Card Changes Wreaking Havoc

Credit Card Changes Wreaking Havoc

The law firm of George R. Belche, Attorney at Law, located in Lawrenceville, Georgia, focuses on helping people resolve their financial problems through bankruptcy. Filing for Chapter 7 bankruptcy or ......[Read More]
Former Billionaire files for Bankruptcy

Former Billionaire files for Bankruptcy

Many people are shocked to find out that millionaires also run into financial troubles, so you can imagine the astonishment when billionaire Patricia Kluge filed for bankruptcy.......[Read More]
How to File Chapter 7 Bankruptcy in Washington

How to File Chapter 7 Bankruptcy in Washington

Deciding to file bankruptcy can be a difficult decision. Representing yourself can make the process less expensive, but is also challenging. Bankruptcy is a federal process, but is administered on the state level. Washington has two bankruptcy districts, each with two courthouses.......[Read More]
How to Stop a Bankruptcy

How to Stop a Bankruptcy

The United State Census estimates approximately 288 million bankruptcies are filed each year. But many individuals don't know there are steps you can take to stop bankruptcy, such as making settlement offers to lenders and requesting your interest rate be lowered. And in some cases, it can benefit y......[Read More]
How to Get a Homestead Exemption From the Government

How to Get a Homestead Exemption From the Government

Homestead exemptions exist primarily to protect homeowners from losing their residences to creditors. Residents often seek homestead exemptions to protect their home's equity in times of financial hardship, such as after the death of a spouse, when filing for bankruptcy protection or after becoming ......[Read More]