Bankruptcy & Foreclosure: Video Series

Fannie Mae refers to the Federal National Mortgage Association, and the way to stop a Fannie Mae foreclosure is to get in contact with them to try to modify the mortgage. Find out how to lengthen the time period for a mortgage to lower the interest rate with help from a certified civil mediator in this free video on foreclosures and money management.

Bankruptcy discharge is the release of a debtor's personal liability for certain dischargeable debts, which are defined by the bankruptcy code. Learn more about dischargeable debts from a bankruptcy attorney with help from a certified civil mediator in this free video on bankruptcy and money management.

A bankruptcy petition is an official document of the court that initiates the bankruptcy proceeding, and it prevents anyone from continuing a lawsuit against the person filing bankruptcy. Find out how child support, alimony and income taxes fit in to bankruptcy petitions with help from a certified civil mediator in this free video on bankruptcy and money management.

A bankruptcy trustee is an individual or corporation appointed by the bankruptcy court to represent the bankruptcy estate. Discover how a bankruptcy trustee can take non-exempt assets and convert them to cash with help from a certified civil mediator in this free video on bankruptcy and money management.

There are many types of bankruptcy, including Chapter 7, 11, 12 and 13, with Chapter 7 referring to the individual liquidation bankruptcy in which a debtor turns over their non-exempt assets to a bankruptcy trustee to pay off creditors. Find out what processes are involved in Chapter 11, 12 and 13 bankruptcies with help from a certified civil mediator in this free video on bankruptcy and money management.

The best way to save a home from foreclosure is to make mortgage payments, but if this is impossible, the homeowner should consider talking with the mortgage holder to restructure the mortgage. Find out how to lengthen a mortgage or lower an interest rate with help from a certified civil mediator in this free video on foreclosures and money management.

Chapter 7 bankruptcy is when a debtor turns over their non-exempt assets to a bankruptcy trustee in order to pay off creditors, but the downside is that a person with a number of non-exempt assets may not want to lose them. Contact a bankruptcy attorney to find out the best way to approach Chapter 7 bankruptcy with help from a certified civil mediator in this free video on bankruptcy and money management.

When filing bankruptcy, the decision of what to keep is largely dependent on whether or not an individual files a Chapter 13 reorganization, in which they should be able to keep their property. Find out how property is divided into exempt and non-exempt sections under Chapter 7 bankruptcy with help from a certified civil mediator in this free video on bankruptcy and money management.

The best way to find out if someone has filed bankruptcy is to check with the bankruptcy court in the region in which the individual is located. Discover what information is needed to check somebody's bankruptcy records with help from a certified civil mediator in this free video on bankruptcy and money management.