There are lots of things that spread simply by rumor and myth. Here are a few fun ones from popular culture: The President isn’t really an American. The government is hiding aliens in Nevada. Elvis is still alive. While its…
The job market in today’s world is more competitive than ever. And if your potential employment is contingent on something like a background check, there’s a good chance that a prior bankruptcy might impact your ability to get that particular…
In recent years, several high profile banks have made the news by freezing the bank account funds of debtors that are filing for bankruptcy (usually those filing Chapter 7). In some cases, they have even frozen the accounts even if…
Student loans are often the ideal solution to helping someone earn a college degree which can lead to an improved quality of life, as well as a significant increase in wealth over their lifetime. However, they can also be a…
For individuals that are considering bankruptcy and have taken out debt with a cosigner, there are specific factors to evaluate before deciding whether to file Chapter 7 or Chapter 13. Usually, the debtor wants to know if the cosigner will…
For many debtors struggling to make ends meet, filing Chapter 13 bankruptcy is often a far better option than filing Chapter 7. However, many times filing Chapter 13 is the only available option, simply because the individual may not be…
One of the results of divorce proceedings is that a judge will often order one of the divorcing spouses to pay down the debts owed by the other spouse. This is often a result of a court ordered obligation to…
Bankruptcy attorneys often handle cases where an individual’s financial situation turns upside down and they have lost the ability to meet their monthly obligations. An individual might find themselves unemployed with no immediate income at all, and the grim prospects…
Making the decision to file for bankruptcy is never easy. However, after finally making the larger decision to enlist the protection of the courts against your creditors, it is important to understand your personal circumstances to decide which type of…
The short answer is yes, filing for bankruptcy will stop foreclosure. However, it is only a short-term temporary solution. Even if a residential home has been scheduled for a foreclosure sale the next day, filing for bankruptcy beforehand encourages the…