The answer to this question depends on several things. Is your house in danger of being foreclosed upon? Are creditors calling you all the time? Is your car in jeopardy of being repossessed? There are just a few of the many reasons why folks ask about bankruptcy when should you file. Working with your lawyer you… Continue reading Bankruptcy when should you file
Month: May 2018
What not to do before bankruptcy
7 Deadly Sins Before Bankruptcy OK I know that sounds a bit dramatic – but it got your attention. I am asked all the time what not to do before bankruptcy. So here is my list of seven things that have the potential to get you into trouble prior to your case filing: 1.Don’t make… Continue reading What not to do before bankruptcy
When bankruptcy is not an option
Just because you say you are bankrupt does not make it so. There is the famous episode of The Office where the lead character Michael Scott “declared” bankruptcy to everyone within earshot and thought he was done – not because he just said the word bankruptcy but because he “declared it”. Just because you say… Continue reading When bankruptcy is not an option
Bankruptcy when does it clear
Your bankruptcy will clear off from your credit report either 7 or 10 years after filing for a bankruptcy. Bankruptcy when does it clear depends on which type of bankruptcy case you file. Bankruptcy can be a great tool to overcome burdensome debt and get you back on your feet. It does however come at a… Continue reading Bankruptcy when does it clear
Mortgage Statement During Bankruptcy
A mortgage statement during bankruptcy? We laughed at that question for years since debtors almost never get any help with their mortgage information after they file for bankruptcy. But finally the times are a changing – for the good of everyone – debtors and lenders. Some new mortgage servicing rules that just went into effect… Continue reading Mortgage Statement During Bankruptcy