Bankruptcy Law

If you file Chapter 13 bankruptcy, you will keep your home. However, if you file Chapter 7 bankruptcy, you risk losing your home.

Once you file bankruptcy, you don't have the right to cancel the filing. You can, however, ask the court to voluntarily dismiss the case for you. The court can grant this request if, at its...

Bankruptcy is a legal process for the purpose to give people who are in serious financial troubles a fresh start. The right to file for bankruptcy is provided by federal bankruptcy law, and so as...

A Forensic loan document audit is a comprehensive investigation of the documentation from your existing loan(s). Attorney Safe Solutions utilizes special state and federal mortgage loan post...

The ultimate goal of bankruptcy is getting your debt under control. If you file a Chapter 7 bankruptcy, you will want to obtain a discharge of as much of your debt as possible. Under a Chapter 13...

Dealing with ever-mounting debt can result in you falling behind on your home mortgage. You may find yourself on a course to foreclosure. You do have a few options available to prevent a...

A bankruptcy letter is designed to provide a creditor with notification that a debtor proceeded with the filing of a bankruptcy case. The bankruptcy letter notifies the creditor of the automatic...

Faced with the prospect of a foreclosure on your home, you elected to take the step to negotiate a discounted loan with your home mortgage lender. A discounted loan is one in which the balance due...

Buying foreclosed properties is one way to add real estate to your comprehensive investment portfolio. Investors can take advantage of mortgage foreclosures or tax-related foreclosures. A tax...

Filing a franchiser bankruptcy brings with it unique legal and procedural requirements that are not found in other commercial bankruptcies. Because of these unique features, pursuing a franchiser...

As a debtor in a Chapter 7 bankruptcy case, you have an ongoing legal obligation to disclose and report assets you obtain during the case. For example, if you receive gifts---including cash...

Although bankruptcy courts across the United States follow a uniform set of laws codified in the U.S. Bankruptcy Code, the process to appeal a bankruptcy decision is not the same in each...

As is the case with most people in the United States, your home likely is your most significant financial and personal investment. If your debt situation reaches a point where bankruptcy appears...

One aspect of the bankruptcy phase is the indivuals chance to convert their initial chapter 7 filing to a chpater 13 case, which can save property, and allow high income filers to still get...

Facing growing financial problems, you may worry about your ability to keep your home and avoid foreclosure. There are options available to you when it comes to reining in financial problems and...

Debt is a major problem in the United States and debt counselling has become a money making business. A person with good credit will have no problems obtaining high credit limit credit cards. ...

A short sale is a means of staving off a foreclosure on your home or other real estate with an outstanding mortgage loan. A short sale specifically is designed to deal with a situation in which...

If you find yourself facing the prospect of a foreclosure on your home, you must fully understand the options available to you. During the pre-foreclosure period, take a proactive stance to find a...

The foreclosure process consists of a number of different phases. One of the more complicated elements of foreclosure is removing the owner from the premises if she does not voluntarily vacate....

It's absolutely possible to file bankruptcy without spending much money, but it means you're going to have to do much of the work yourself. There are some bankruptcy attorneys that are willing to...

The Royal Decree Law 3/2009 of the 27th of March is a recent reform of the principal Spanish rules relating to insolvencies, i.e. the Insolvency Law 22/2003 of the 9th of July.

The primary goal of owning a business is ensuring that your enterprise is profitable. Toward that objective it is important that you have a plan of action in place to protect your business from...

According to the U.S. Department of Labor, wage garnishment is a type of debt collection that compels an employer to withhold part of a worker's earnings to cover her delinquent debts. To end a...

A foreclosure can take anywhere from a couple of months to a whole year to complete. When a foreclosure is inevitable, the tenants are subject to foreclosure eviction. This is not an easy process...

Losing a home to foreclosure is traumatic on multiple accounts, and the fact that there are mortgage scams and con artists preying on those who are in foreclosure doesn't make it any easier....

Foreclosures can be devastating for both personal and financial reasons. What a lot of people struggling with foreclosure issues don't realize is that there are a plethora of resources out there...

Foreclosed homes can often be purchased for jaw-dropping low prices. They can be excellent investments but they do require a certain amount of precaution; foreclosed homes can potentially come...

Home mortgage lenders are considering more creative means of working with borrowers in an effort to avoid initiating foreclosure proceedings. In some cases home mortgage lenders find that they...

Chapter 11 and Chapter 12 bankruptcies aid businesses in overcoming insurmountable debts, but Chapter 12, available only to family farmers or fishermen, offers a simplified process and reduced...

There are two types of personal bankruptcy, chapter 7 and chapter 13. Both types of bankruptcy allow a debtor to claim debts owed to the Internal Revenue Service (IRS) and possibly discharge those...

Determining whether you can save your home from foreclosure by calculating your eligibility for the lien strip or cram down provisions of Chapter 13.

The number of bankruptcies filed continues to increase across the nation and many homeowners are faced with losing their homes. The federal government has developed programs and changed...

Reaching the juncture at which your home mortgage loan is sufficiently in arrears that your lender files a foreclosure case against you is both frustrating and frightening. Your immediate response...

Going through a Chapter 13 bankruptcy can make it very difficult for a consumer to get credit. The negative impact of a credit report lasts for years. Not only that, but the negative effects can...

Mounting mortgage arrears must be dealt with firmly. Permitting a borrower to slack off on making mortgage payments leaves a lender in a precarious position. There is an effective, often-used...

Keeping current on all of your bills is a challenging task in many instances. Along the way you may elect to forgo payments on certain items in order to ensure the basic obligations of day-to-day...

Creditors understandably have significant concerns when an individual or business that owes money is considering pursuing bankruptcy. Secured creditors---a home mortgage lender, for example---have...

Facing a tax lien foreclosure is a challenging, frustrating and even frightening experience for many homeowners. If you are concerned about the prospect of a tax lien foreclosure case in your own...

As you consider your financial portfolio, you may consider adding real estate. Some investors take advantage of property foreclosures in order to obtain real estate at a cost lower than what is...

If you have financed a home or automobile through GMAC and are filing for bankruptcy, you may want to refinance your loan in order to make the montly payment more affordable. There is a specific...